127,123 Shares in SPDR Portfolio Emerging Markets ETF $SPEM Acquired by Wolff Financial Management LLC

Wolff Financial Management LLC purchased a new position in shares of SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm purchased 127,123 shares of the company’s stock, valued at approximately $6,580,000. SPDR Portfolio Emerging Markets ETF makes up 1.3% of Wolff Financial Management LLC’s portfolio, making the stock its 15th biggest holding.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in the stock. Ascentis Independent Advisors acquired a new stake in shares of SPDR Portfolio Emerging Markets ETF in the 1st quarter worth $27,000. Robinswood Financial LLC purchased a new stake in SPDR Portfolio Emerging Markets ETF in the 1st quarter worth approximately $32,000. Align Financial LLC acquired a new stake in shares of SPDR Portfolio Emerging Markets ETF during the 3rd quarter worth $32,000. Gould Capital LLC purchased a new position in shares of SPDR Portfolio Emerging Markets ETF in the 1st quarter worth about $59,000. Finally, Sachetta LLC lifted its position in SPDR Portfolio Emerging Markets ETF by 145.9% during the 1st quarter. Sachetta LLC now owns 1,409 shares of the company’s stock worth $66,000 after acquiring an additional 836 shares in the last quarter.

SPDR Portfolio Emerging Markets ETF Stock Performance

NYSEARCA:SPEM opened at $49.67 on Friday. The stock has a market cap of $16.52 billion, a price-to-earnings ratio of 15.39 and a beta of 0.61. SPDR Portfolio Emerging Markets ETF has a one year low of $45.28 and a one year high of $53.54. The business’s 50-day simple moving average is $52.13 and its 200 day simple moving average is $51.59.

SPDR Portfolio Emerging Markets ETF Company 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.