OneAscent Financial Services LLC Has $9.17 Million Position in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM)

OneAscent Financial Services LLC grew its position in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) by 23.5% during the 1st quarter, according to the company in its most recent disclosure with the SEC. The firm owned 253,306 shares of the company’s stock after purchasing an additional 48,192 shares during the period. SPDR Portfolio Emerging Markets ETF comprises about 1.0% of OneAscent Financial Services LLC’s portfolio, making the stock its 16th largest position. OneAscent Financial Services LLC’s holdings in SPDR Portfolio Emerging Markets ETF were worth $9,167,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Anchor Investment Management LLC bought a new stake in SPDR Portfolio Emerging Markets ETF in the 4th quarter valued at $28,000. American National Bank boosted its position in shares of SPDR Portfolio Emerging Markets ETF by 179.0% during the fourth quarter. American National Bank now owns 809 shares of the company’s stock worth $29,000 after buying an additional 519 shares during the period. Frazier Financial Advisors LLC bought a new position in shares of SPDR Portfolio Emerging Markets ETF during the fourth quarter worth about $32,000. Tsfg LLC acquired a new stake in SPDR Portfolio Emerging Markets ETF in the 4th quarter valued at approximately $70,000. Finally, Fortitude Family Office LLC bought a new stake in SPDR Portfolio Emerging Markets ETF in the 4th quarter valued at approximately $82,000.

SPDR Portfolio Emerging Markets ETF Price Performance

Shares of SPEM traded up $0.10 during mid-day trading on Friday, hitting $37.67. 1,943,359 shares of the company’s stock were exchanged, compared to its average volume of 1,666,769. SPDR Portfolio Emerging Markets ETF has a 52 week low of $32.06 and a 52 week high of $38.84. The company has a market cap of $8.94 billion, a PE ratio of 13.05 and a beta of 0.81. The company has a 50-day simple moving average of $37.61 and a 200 day simple moving average of $36.11.

SPDR Portfolio Emerging Markets ETF Company 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.