BankPlus Wealth Management LLC Invests $549,000 in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM)

BankPlus Wealth Management LLC acquired a new position in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor acquired 14,319 shares of the company’s stock, valued at approximately $549,000.

Several other institutional investors have also bought and sold shares of the stock. Stifel Financial Corp raised its position in shares of SPDR Portfolio Emerging Markets ETF by 6.7% during the 3rd quarter. Stifel Financial Corp now owns 64,565 shares of the company’s stock worth $2,665,000 after buying an additional 4,049 shares in the last quarter. Second Line Capital LLC raised its holdings in SPDR Portfolio Emerging Markets ETF by 4.5% during the second quarter. Second Line Capital LLC now owns 203,959 shares of the company’s stock worth $7,683,000 after purchasing an additional 8,783 shares in the last quarter. SPC Financial Inc. raised its holdings in SPDR Portfolio Emerging Markets ETF by 5.1% during the second quarter. SPC Financial Inc. now owns 79,752 shares of the company’s stock worth $3,004,000 after purchasing an additional 3,889 shares in the last quarter. Advisory Resource Group lifted its position in SPDR Portfolio Emerging Markets ETF by 5.4% in the third quarter. Advisory Resource Group now owns 60,213 shares of the company’s stock worth $2,486,000 after purchasing an additional 3,068 shares during the period. Finally, JPMorgan Chase & Co. boosted its stake in SPDR Portfolio Emerging Markets ETF by 3.1% during the 3rd quarter. JPMorgan Chase & Co. now owns 637,654 shares of the company’s stock valued at $26,322,000 after purchasing an additional 19,370 shares in the last quarter.

SPDR Portfolio Emerging Markets ETF Stock Performance

Shares of SPEM stock opened at $38.30 on Tuesday. SPDR Portfolio Emerging Markets ETF has a 1 year low of $33.94 and a 1 year high of $42.88. The business’s fifty day moving average is $39.01 and its 200-day moving average is $39.18. The stock has a market cap of $9.09 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.