True Vision MN LLC Takes Position in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM)

True Vision MN LLC acquired a new stake in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) in the third quarter, Holdings Channel reports. The institutional investor acquired 5,405 shares of the company’s stock, valued at approximately $223,000.

A number of other institutional investors also recently made changes to their positions in SPEM. United Asset Strategies Inc. boosted its position in SPDR Portfolio Emerging Markets ETF by 4.1% during the 2nd quarter. United Asset Strategies Inc. now owns 7,507 shares of the company’s stock valued at $283,000 after buying an additional 298 shares during the period. Epic Trust Investment Advisors LLC boosted its position in SPDR Portfolio Emerging Markets ETF by 3.4% during the 2nd quarter. Epic Trust Investment Advisors LLC now owns 9,367 shares of the company’s stock valued at $353,000 after buying an additional 304 shares during the period. Beacon Bridge Wealth Partners LLC boosted its position in SPDR Portfolio Emerging Markets ETF by 0.9% during the 2nd quarter. Beacon Bridge Wealth Partners LLC now owns 36,566 shares of the company’s stock valued at $1,377,000 after buying an additional 313 shares during the period. Hofer & Associates. Inc boosted its position in SPDR Portfolio Emerging Markets ETF by 1.2% during the 3rd quarter. Hofer & Associates. Inc now owns 27,976 shares of the company’s stock valued at $1,155,000 after buying an additional 332 shares during the period. Finally, FSB Premier Wealth Management Inc. boosted its position in SPDR Portfolio Emerging Markets ETF by 0.6% during the 2nd quarter. FSB Premier Wealth Management Inc. now owns 56,917 shares of the company’s stock valued at $2,144,000 after buying an additional 349 shares during the period.

SPDR Portfolio Emerging Markets ETF Price Performance

SPEM traded up $0.30 during trading on Wednesday, hitting $39.42. 44,655 shares of the stock traded hands, compared to its average volume of 1,586,348. The firm has a market capitalization of $9.36 billion, a P/E ratio of 13.05 and a beta of 0.81. The firm has a 50-day moving average of $40.52 and a 200 day moving average of $38.89. SPDR Portfolio Emerging Markets ETF has a 12-month low of $33.52 and a 12-month high of $42.88.

About SPDR Portfolio Emerging Markets ETF

The SPDR Portfolio Emerging Markets ETF (SPEM) is an exchange-traded fund that is based on the S&P Emerging Markets BMI index. The fund tracks an index of emerging markets companies weighted by market cap. SPEM was launched on Mar 19, 2007 and is managed by State Street.