Tyche Wealth Partners LLC Acquires 16,154 Shares of SPDR Portfolio Emerging Markets ETF $SPEM

Tyche Wealth Partners LLC raised its stake in shares of SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) by 106.3% in the third quarter, according to its most recent 13F filing with the SEC. The fund owned 31,346 shares of the company’s stock after purchasing an additional 16,154 shares during the period. Tyche Wealth Partners LLC’s holdings in SPDR Portfolio Emerging Markets ETF were worth $1,467,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in SPEM. Keybank National Association OH purchased a new position in shares of SPDR Portfolio Emerging Markets ETF during the third quarter valued at approximately $241,000. Cornerstone Wealth Management LLC raised its position in SPDR Portfolio Emerging Markets ETF by 1.7% in the 3rd quarter. Cornerstone Wealth Management LLC now owns 71,392 shares of the company’s stock valued at $3,342,000 after buying an additional 1,179 shares during the last quarter. SYM FINANCIAL Corp lifted its stake in SPDR Portfolio Emerging Markets ETF by 17.2% during the 3rd quarter. SYM FINANCIAL Corp now owns 21,271 shares of the company’s stock valued at $996,000 after acquiring an additional 3,119 shares in the last quarter. Summit Global Investments boosted its holdings in SPDR Portfolio Emerging Markets ETF by 14.6% during the 3rd quarter. Summit Global Investments now owns 338,424 shares of the company’s stock worth $15,842,000 after acquiring an additional 43,004 shares during the last quarter. Finally, Golden State Wealth Management LLC boosted its holdings in SPDR Portfolio Emerging Markets ETF by 40.9% during the 3rd quarter. Golden State Wealth Management LLC now owns 8,321 shares of the company’s stock worth $390,000 after acquiring an additional 2,417 shares during the last quarter.

SPDR Portfolio Emerging Markets ETF Price Performance

NYSEARCA SPEM opened at $49.20 on Friday. The company has a fifty day moving average price of $47.69 and a 200-day moving average price of $46.42. The firm has a market cap of $16.43 billion, a price-to-earnings ratio of 15.39 and a beta of 0.56. SPDR Portfolio Emerging Markets ETF has a 1 year low of $34.38 and a 1 year high of $50.58.

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.