SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) Shares Purchased by Diversified LLC

Diversified LLC grew its stake in shares of SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) by 5.2% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 18,911 shares of the company’s stock after acquiring an additional 937 shares during the quarter. Diversified LLC’s holdings in SPDR Portfolio Emerging Markets ETF were worth $781,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently modified their holdings of the company. Rothschild Investment LLC acquired a new position in shares of SPDR Portfolio Emerging Markets ETF during the 2nd quarter valued at about $27,000. Lynx Investment Advisory acquired a new stake in SPDR Portfolio Emerging Markets ETF during the 2nd quarter worth approximately $35,000. Archer Investment Corp acquired a new stake in SPDR Portfolio Emerging Markets ETF during the 3rd quarter worth approximately $39,000. Hershey Financial Advisers LLC acquired a new stake in SPDR Portfolio Emerging Markets ETF during the 2nd quarter worth approximately $49,000. Finally, Strategic Financial Concepts LLC increased its position in SPDR Portfolio Emerging Markets ETF by 649.3% during the 2nd quarter. Strategic Financial Concepts LLC now owns 148,707 shares of the company’s stock worth $56,000 after purchasing an additional 128,861 shares in the last quarter.

SPDR Portfolio Emerging Markets ETF Stock Performance

SPEM opened at $39.29 on Monday. The firm has a 50 day moving average price of $40.49 and a 200 day moving average price of $38.87. The company has a market cap of $9.33 billion, a PE ratio of 13.05 and a beta of 0.81. SPDR Portfolio Emerging Markets ETF has a 1 year low of $33.52 and a 1 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.