Perigon Wealth Management LLC Increases Stake in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM)

Perigon Wealth Management LLC increased its holdings in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) by 10.3% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 19,077 shares of the company’s stock after acquiring an additional 1,787 shares during the quarter. Perigon Wealth Management LLC’s holdings in SPDR Portfolio Emerging Markets ETF were worth $724,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in SPEM. State Street Corp grew its stake in SPDR Portfolio Emerging Markets ETF by 10.4% during the 3rd quarter. State Street Corp now owns 6,290,419 shares of the company’s stock worth $259,668,000 after buying an additional 591,019 shares during the last quarter. LPL Financial LLC raised its position in shares of SPDR Portfolio Emerging Markets ETF by 5.2% in the 3rd quarter. LPL Financial LLC now owns 9,644,278 shares of the company’s stock valued at $398,116,000 after purchasing an additional 476,292 shares during the last quarter. Tidal Investments LLC purchased a new position in shares of SPDR Portfolio Emerging Markets ETF in the 3rd quarter valued at approximately $13,246,000. Assetmark Inc. boosted its stake in SPDR Portfolio Emerging Markets ETF by 10.2% in the 3rd quarter. Assetmark Inc. now owns 2,212,515 shares of the company’s stock worth $91,333,000 after purchasing an additional 204,960 shares in the last quarter. Finally, Sanctuary Advisors LLC purchased a new stake in SPDR Portfolio Emerging Markets ETF during the 2nd quarter worth approximately $7,329,000.

SPDR Portfolio Emerging Markets ETF Price Performance

Shares of SPEM opened at $38.73 on Friday. The company’s fifty day moving average price is $38.94 and its 200-day moving average price is $39.17. SPDR Portfolio Emerging Markets ETF has a 1-year low of $33.94 and a 1-year high of $42.88. The firm has a market capitalization of $9.19 billion, a PE ratio of 13.05 and a beta of 0.81.

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.