Single Point Partners LLC Buys New Stake in SPDR Portfolio Emerging Markets ETF $SPEM

Single Point Partners LLC bought a new stake in shares of SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund bought 86,674 shares of the company’s stock, valued at approximately $4,486,000. SPDR Portfolio Emerging Markets ETF accounts for about 0.4% of Single Point Partners LLC’s holdings, making the stock its 26th largest holding.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. Quantinno Capital Management LP increased its position in SPDR Portfolio Emerging Markets ETF by 25.5% during the 1st quarter. Quantinno Capital Management LP now owns 79,830 shares of the company’s stock valued at $3,745,000 after purchasing an additional 16,232 shares during the period. Gateway Wealth Partners LLC raised 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 worth $7,671,000 after purchasing an additional 84,601 shares in the last quarter. Isthmus Partners LLC bought a new position in SPDR Portfolio Emerging Markets ETF in the 1st quarter worth $16,291,000. Capital Asset Advisory Services LLC raised its holdings in SPDR Portfolio Emerging Markets ETF by 7.4% in the 1st quarter. Capital Asset Advisory Services LLC now owns 666,463 shares of the company’s stock worth $34,056,000 after purchasing an additional 46,113 shares in the last quarter. Finally, IFP Advisors Inc lifted its position in shares of 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 worth $8,507,000 after purchasing an additional 25,284 shares during the period.

SPDR Portfolio Emerging Markets ETF Trading Down 0.0%

NYSEARCA:SPEM opened at $50.67 on Tuesday. The company has a 50-day moving average price of $52.29 and a 200-day moving average price of $51.53. The stock has a market cap of $16.85 billion, a price-to-earnings ratio of 15.39 and a beta of 0.61. SPDR Portfolio Emerging Markets ETF has a 12 month low of $45.28 and a 12 month high of $53.54.

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.