Blue Barn Wealth LLC Grows Position in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM)

Blue Barn Wealth LLC raised its position in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) by 4.3% during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 75,875 shares of the company’s stock after purchasing an additional 3,101 shares during the quarter. SPDR Portfolio Emerging Markets ETF accounts for approximately 1.6% of Blue Barn Wealth LLC’s holdings, making the stock its 14th biggest holding. Blue Barn Wealth LLC’s holdings in SPDR Portfolio Emerging Markets ETF were worth $2,858,000 at the end of the most recent quarter.

Several other institutional investors have also added to or reduced their stakes in the company. SouthState Corp purchased a new stake in SPDR Portfolio Emerging Markets ETF in the second quarter worth $86,000. Impact Partnership Wealth LLC grew its holdings in shares of SPDR Portfolio Emerging Markets ETF by 11.9% in the second quarter. Impact Partnership Wealth LLC now owns 293,291 shares of the company’s stock worth $11,048,000 after purchasing an additional 31,247 shares during the last quarter. Belpointe Asset Management LLC bought a new stake in SPDR Portfolio Emerging Markets ETF during the 2nd quarter valued at about $767,000. Foundations Investment Advisors LLC lifted its holdings in SPDR Portfolio Emerging Markets ETF by 227.6% during the 2nd quarter. Foundations Investment Advisors LLC now owns 19,172 shares of the company’s stock valued at $722,000 after buying an additional 13,320 shares in the last quarter. Finally, Beacon Bridge Wealth Partners LLC boosted its position in SPDR Portfolio Emerging Markets ETF by 0.9% in 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.

SPDR Portfolio Emerging Markets ETF Stock Performance

Shares of NYSEARCA:SPEM opened at $38.04 on Friday. The firm’s 50 day simple moving average is $38.06 and its 200-day simple moving average is $37.26. SPDR Portfolio Emerging Markets ETF has a one year low of $32.06 and a one year high of $39.32. The firm has a market cap of $9.03 billion, a PE ratio of 13.05 and a beta of 0.81.

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.