SPDR Portfolio Emerging Markets ETF $SPEM Shares Newly Acquired by Prime Capital Investment Advisors LLC

Prime Capital Investment Advisors LLC bought a new stake in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 62,481 shares of the company’s stock, valued at approximately $3,234,000.

Other hedge funds have also recently added to or reduced their stakes in the company. Ascentis Independent Advisors bought a new position in SPDR Portfolio Emerging Markets ETF during the first quarter worth about $27,000. Robinswood Financial LLC bought a new position in SPDR Portfolio Emerging Markets ETF during the 1st quarter worth approximately $32,000. Align Financial LLC bought a new position in SPDR Portfolio Emerging Markets ETF during the 3rd quarter worth approximately $32,000. Brown Lisle Cummings Inc. bought a new position in SPDR Portfolio Emerging Markets ETF during the 1st quarter worth approximately $53,000. Finally, Gould Capital LLC acquired a new position in SPDR Portfolio Emerging Markets ETF during the first quarter valued at approximately $59,000.

SPDR Portfolio Emerging Markets ETF Stock Performance

Shares of NYSEARCA SPEM opened at $50.85 on Thursday. SPDR Portfolio Emerging Markets ETF has a 52-week low of $45.28 and a 52-week high of $53.54. The stock has a market cap of $16.91 billion, a P/E ratio of 15.39 and a beta of 0.61. The firm has a 50 day moving average price of $52.23 and a 200 day moving average price of $51.58.

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.