Wolff Financial Management LLC Acquires 3,405 Shares of SPDR Portfolio Emerging Markets ETF $SPEM

Wolff Financial Management LLC increased its holdings in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) by 3.1% in the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 115,010 shares of the company’s stock after buying an additional 3,405 shares during the period. SPDR Portfolio Emerging Markets ETF comprises approximately 1.3% of Wolff Financial Management LLC’s investment portfolio, making the stock its 14th biggest holding. Wolff Financial Management LLC’s holdings in SPDR Portfolio Emerging Markets ETF were worth $4,916,000 as of its most recent SEC filing.

A number of other large investors also recently bought and sold shares of SPEM. Knuff & Co LLC bought a new position in SPDR Portfolio Emerging Markets ETF in the first quarter worth approximately $29,000. Brooklyn Investment Group bought a new position in SPDR Portfolio Emerging Markets ETF in the first quarter worth approximately $32,000. Wayfinding Financial LLC bought a new position in SPDR Portfolio Emerging Markets ETF in the first quarter worth approximately $36,000. Tsfg LLC raised its stake in SPDR Portfolio Emerging Markets ETF by 267.4% in the first quarter. Tsfg LLC now owns 992 shares of the company’s stock worth $39,000 after buying an additional 722 shares in the last quarter. Finally, Webster Bank N. A. purchased a new position in SPDR Portfolio Emerging Markets ETF in the second quarter worth $40,000.

SPDR Portfolio Emerging Markets ETF Trading Up 0.6%

NYSEARCA SPEM opened at $46.64 on Wednesday. The firm’s fifty day simple moving average is $44.18 and its two-hundred day simple moving average is $41.64. SPDR Portfolio Emerging Markets ETF has a 12-month low of $34.38 and a 12-month high of $46.68. The firm has a market capitalization of $13.57 billion, a P/E ratio of 15.39 and a beta of 0.68.

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.