Western Wealth Management LLC Boosts Holdings in SPDR Portfolio Emerging Markets ETF $SPEM

Western Wealth Management LLC grew its stake in shares of SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) by 103.9% in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 136,744 shares of the company’s stock after acquiring an additional 69,677 shares during the quarter. Western Wealth Management LLC’s holdings in SPDR Portfolio Emerging Markets ETF were worth $6,415,000 at the end of the most recent quarter.

Other large investors have also modified their holdings of the company. Paces Ferry Wealth Advisors LLC increased its position in SPDR Portfolio Emerging Markets ETF by 4.1% during the fourth quarter. Paces Ferry Wealth Advisors LLC now owns 5,051 shares of the company’s stock worth $236,000 after purchasing an additional 200 shares during the last quarter. Trinity Wealth Management LLC boosted its holdings in shares of SPDR Portfolio Emerging Markets ETF by 0.9% in the 1st quarter. Trinity Wealth Management LLC now owns 21,496 shares of the company’s stock valued at $1,008,000 after purchasing an additional 201 shares during the last quarter. Kelman Lazarov Inc. grew its stake in shares of SPDR Portfolio Emerging Markets ETF by 3.3% during the 1st quarter. Kelman Lazarov Inc. now owns 6,272 shares of the company’s stock valued at $294,000 after buying an additional 203 shares during the period. Mascagni Wealth Management Inc. grew its stake in shares of SPDR Portfolio Emerging Markets ETF by 4.8% during the 4th quarter. Mascagni Wealth Management Inc. now owns 4,499 shares of the company’s stock valued at $211,000 after buying an additional 207 shares during the period. Finally, River Street Advisors LLC grew its stake in shares of SPDR Portfolio Emerging Markets ETF by 1.8% during the 4th quarter. River Street Advisors LLC now owns 12,122 shares of the company’s stock valued at $567,000 after buying an additional 209 shares during the period.

SPDR Portfolio Emerging Markets ETF Stock Up 2.3%

SPEM stock opened at $50.54 on Friday. The company has a market cap of $17.11 billion, a price-to-earnings ratio of 15.39 and a beta of 0.60. The business has a fifty day simple moving average of $51.52 and a 200-day simple moving average of $50.16. SPDR Portfolio Emerging Markets ETF has a 52 week low of $42.66 and a 52 week high of $53.54.

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.