McKinley Carter Wealth Services Inc. Purchases 37,374 Shares of SPDR Portfolio Emerging Markets ETF $SPEM

McKinley Carter Wealth Services Inc. purchased a new position in shares of SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor purchased 37,374 shares of the company’s stock, valued at approximately $1,934,000.

Several other hedge funds have also made changes to their positions in SPEM. Quantinno Capital Management LP boosted its stake in SPDR Portfolio Emerging Markets ETF by 25.5% in the 1st quarter. Quantinno Capital Management LP now owns 79,830 shares of the company’s stock worth $3,745,000 after buying an additional 16,232 shares during the last quarter. Gateway Wealth Partners LLC grew its holdings in SPDR Portfolio Emerging Markets ETF by 107.2% in the 1st quarter. Gateway Wealth Partners LLC now owns 163,531 shares of the company’s stock valued at $7,671,000 after buying an additional 84,601 shares during the period. Isthmus Partners LLC purchased a new stake in SPDR Portfolio Emerging Markets ETF in the 1st quarter valued at about $16,291,000. IFP Advisors Inc grew its holdings in SPDR Portfolio Emerging Markets ETF by 18.2% in the 2nd quarter. IFP Advisors Inc now owns 164,298 shares of the company’s stock valued at $8,507,000 after buying an additional 25,284 shares during the period. Finally, Capital Asset Advisory Services LLC increased its stake in shares of SPDR Portfolio Emerging Markets ETF by 7.4% during the 1st quarter. Capital Asset Advisory Services LLC now owns 666,463 shares of the company’s stock valued at $34,056,000 after acquiring an additional 46,113 shares during the last quarter.

SPDR Portfolio Emerging Markets ETF Trading Down 1.3%

Shares of NYSEARCA SPEM traded down $0.66 on Friday, reaching $50.69. 1,725,308 shares of the company traded hands, compared to its average volume of 2,518,503. The stock has a market capitalization of $16.86 billion, a PE ratio of 15.39 and a beta of 0.61. SPDR Portfolio Emerging Markets ETF has a fifty-two week low of $45.28 and a fifty-two week high of $53.54. The company has a 50 day moving average of $52.32 and a 200 day moving average of $51.46.

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.