Peterson Wealth Advisors LLC Purchases 403 Shares of SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM)

Peterson Wealth Advisors LLC raised its holdings in shares of SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) by 1.1% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 37,090 shares of the company’s stock after purchasing an additional 403 shares during the period. SPDR Portfolio Emerging Markets ETF accounts for approximately 0.3% of Peterson Wealth Advisors LLC’s investment portfolio, making the stock its 29th biggest holding. Peterson Wealth Advisors LLC’s holdings in SPDR Portfolio Emerging Markets ETF were worth $1,531,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently made changes to their positions in SPEM. WealthPLAN Partners LLC lifted its stake in shares of SPDR Portfolio Emerging Markets ETF by 3.5% during the first quarter. WealthPLAN Partners LLC now owns 8,398 shares of the company’s stock worth $304,000 after buying an additional 282 shares during the period. United Asset Strategies Inc. lifted its stake 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 acquiring an additional 298 shares during the period. Verus Capital Partners LLC boosted its holdings in shares of SPDR Portfolio Emerging Markets ETF by 1.8% in the 1st quarter. Verus Capital Partners LLC now owns 17,201 shares of the company’s stock valued at $623,000 after acquiring an additional 302 shares during the last quarter. Epic Trust Investment Advisors LLC increased its stake in shares of SPDR Portfolio Emerging Markets ETF by 3.4% in the second quarter. Epic Trust Investment Advisors LLC now owns 9,367 shares of the company’s stock worth $353,000 after acquiring an additional 304 shares during the period. Finally, Beacon Bridge Wealth Partners LLC raised its holdings in shares of SPDR Portfolio Emerging Markets ETF by 0.9% during the second quarter. Beacon Bridge Wealth Partners LLC now owns 36,566 shares of the company’s stock worth $1,377,000 after purchasing an additional 313 shares during the last quarter.

SPDR Portfolio Emerging Markets ETF Stock Performance

NYSEARCA:SPEM opened at $40.60 on Monday. The firm’s fifty day moving average is $39.80 and its two-hundred day moving average is $38.35. The firm has a market cap of $9.64 billion, a price-to-earnings ratio of 13.05 and a beta of 0.81. SPDR Portfolio Emerging Markets ETF has a one year low of $32.16 and a one year 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.