AdvisorNet Financial Inc Boosts Stock Position in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM)

AdvisorNet Financial Inc grew its stake in shares of SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEMFree Report) by 1.3% during the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 34,095 shares of the company’s stock after acquiring an additional 451 shares during the period. AdvisorNet Financial Inc’s holdings in SPDR Portfolio Emerging Markets ETF were worth $1,342,000 at the end of the most recent reporting period.

Several other institutional investors have also recently made changes to their positions in SPEM. Headlands Technologies LLC purchased a new stake in shares of SPDR Portfolio Emerging Markets ETF during the fourth quarter worth $26,000. IMG Wealth Management Inc. purchased a new stake in shares of SPDR Portfolio Emerging Markets ETF during the fourth quarter worth $27,000. Compass Planning Associates Inc purchased a new stake in shares of SPDR Portfolio Emerging Markets ETF during the fourth quarter worth $28,000. Strategic Wealth Investment Group LLC purchased a new stake in shares of SPDR Portfolio Emerging Markets ETF during the fourth quarter worth $46,000. Finally, Bernard Wealth Management Corp. purchased a new stake in shares of SPDR Portfolio Emerging Markets ETF during the fourth quarter worth $50,000.

SPDR Portfolio Emerging Markets ETF Price Performance

NYSEARCA:SPEM opened at $40.88 on Friday. The company has a market cap of $11.51 billion, a P/E ratio of 14.73 and a beta of 0.56. The stock’s fifty day moving average price is $39.40 and its two-hundred day moving average price is $39.31. SPDR Portfolio Emerging Markets ETF has a 1 year low of $34.38 and a 1 year high of $42.88.

SPDR Portfolio Emerging Markets ETF Company Profile

(Free Report)

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.

See Also

Institutional Ownership by Quarter for SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM)

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