Nwam LLC Buys Shares of 20,568 SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM)

Nwam LLC purchased a new position in shares of SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) in the 3rd quarter, HoldingsChannel.com reports. The institutional investor purchased 20,568 shares of the company’s stock, valued at approximately $849,000.

Other large investors also recently made changes to their positions in the company. Rothschild Investment LLC acquired a new stake in SPDR Portfolio Emerging Markets ETF in the 2nd quarter worth approximately $27,000. Lynx Investment Advisory bought a new position in shares of SPDR Portfolio Emerging Markets ETF in the second quarter valued at approximately $35,000. Archer Investment Corp acquired a new stake in shares of SPDR Portfolio Emerging Markets ETF in the third quarter worth $39,000. Hershey Financial Advisers LLC acquired a new stake in shares of SPDR Portfolio Emerging Markets ETF in the second quarter worth $49,000. Finally, American National Bank grew its stake in SPDR Portfolio Emerging Markets ETF by 132.0% in the 2nd quarter. American National Bank now owns 1,793 shares of the company’s stock valued at $68,000 after buying an additional 1,020 shares during the last quarter.

SPDR Portfolio Emerging Markets ETF Price Performance

Shares of SPEM opened at $39.29 on Friday. The company has a market capitalization of $9.33 billion, a PE ratio of 13.05 and a beta of 0.81. SPDR Portfolio Emerging Markets ETF has a one year low of $33.52 and a one year high of $42.88. The company’s fifty day moving average price is $40.49 and its 200 day moving average price is $38.85.

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.