6,313 Shares in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) Purchased by SVB Wealth LLC

SVB Wealth LLC purchased a new position in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm purchased 6,313 shares of the company’s stock, valued at approximately $242,000.

Other institutional investors also recently added to or reduced their stakes in the company. Compass Planning Associates Inc purchased a new position in SPDR Portfolio Emerging Markets ETF in the 4th quarter worth about $28,000. Archer Investment Corp purchased a new position in SPDR Portfolio Emerging Markets ETF during the 3rd quarter valued at about $39,000. Strategic Wealth Investment Group LLC purchased a new position in SPDR Portfolio Emerging Markets ETF during the 4th quarter valued at about $46,000. Blue Trust Inc. increased its position in SPDR Portfolio Emerging Markets ETF by 474.2% during the 4th quarter. Blue Trust Inc. now owns 2,274 shares of the company’s stock valued at $94,000 after purchasing an additional 1,878 shares during the period. Finally, McClarren Financial Advisors Inc. increased its position in SPDR Portfolio Emerging Markets ETF by 12.3% during the 4th quarter. McClarren Financial Advisors Inc. now owns 2,885 shares of the company’s stock valued at $110,000 after purchasing an additional 316 shares during the period.

SPDR Portfolio Emerging Markets ETF Stock Performance

NYSEARCA SPEM opened at $39.95 on Thursday. The company has a market capitalization of $10.43 billion, a price-to-earnings ratio of 14.32 and a beta of 0.66. The company’s 50-day simple moving average is $38.89 and its two-hundred day simple moving average is $39.49. SPDR Portfolio Emerging Markets ETF has a one year low of $35.00 and a one year high of $42.88.

SPDR Portfolio Emerging Markets ETF Profile

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.