Sound Income Strategies LLC Buys New Holdings in SPDR Portfolio Emerging Markets ETF $SPEM

Sound Income Strategies LLC bought a new position in shares of SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) during the third quarter, according to its most recent Form 13F filing with the SEC. The fund bought 26,093 shares of the company’s stock, valued at approximately $1,345,000.

Other large investors have also 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 $27,000. Robinswood Financial LLC bought a new position in shares of SPDR Portfolio Emerging Markets ETF in the first quarter valued at about $32,000. Brown Lisle Cummings Inc. bought a new position in shares of SPDR Portfolio Emerging Markets ETF in the first quarter valued at about $53,000. Gould Capital LLC acquired a new stake in shares of SPDR Portfolio Emerging Markets ETF during the 1st quarter worth about $59,000. Finally, Sachetta LLC lifted its stake in shares of 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 buying an additional 836 shares during the last quarter.

SPDR Portfolio Emerging Markets ETF Stock Performance

Shares of SPEM stock opened at $52.21 on Friday. SPDR Portfolio Emerging Markets ETF has a 52 week low of $45.28 and a 52 week high of $53.54. The company has a market capitalization of $17.62 billion, a price-to-earnings ratio of 15.39 and a beta of 0.61. The company has a 50-day simple moving average of $52.35 and a 200 day simple moving average of $51.28.

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.