Rede Wealth LLC Purchases 17,847 Shares of SPDR Portfolio Emerging Markets ETF $SPEM

Rede Wealth LLC acquired a new stake 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 acquired 17,847 shares of the company’s stock, valued at approximately $924,000.

Other institutional investors have also added to or reduced their stakes in the company. Kelman Lazarov Inc. lifted its position in shares of SPDR Portfolio Emerging Markets ETF by 3.3% in the 1st quarter. Kelman Lazarov Inc. now owns 6,272 shares of the company’s stock worth $294,000 after purchasing an additional 203 shares during the period. Paces Ferry Wealth Advisors LLC boosted its stake in shares of SPDR Portfolio Emerging Markets ETF by 4.1% during the 1st quarter. Paces Ferry Wealth Advisors LLC now owns 5,257 shares of the company’s stock valued at $247,000 after purchasing an additional 206 shares in the last quarter. Kraft Davis & Associates LLC increased its position in shares of SPDR Portfolio Emerging Markets ETF by 1.7% during the second quarter. Kraft Davis & Associates LLC now owns 12,406 shares of the company’s stock valued at $634,000 after buying an additional 207 shares during the period. United Asset Strategies Inc. increased its position in shares of SPDR Portfolio Emerging Markets ETF by 0.9% during the first quarter. United Asset Strategies Inc. now owns 24,806 shares of the company’s stock valued at $1,164,000 after buying an additional 215 shares during the period. Finally, D.A. Davidson & CO. increased its position in shares of SPDR Portfolio Emerging Markets ETF by 4.7% during the first quarter. D.A. Davidson & CO. now owns 5,175 shares of the company’s stock valued at $243,000 after buying an additional 234 shares during the period.

SPDR Portfolio Emerging Markets ETF Price Performance

SPEM stock traded up $0.01 during trading on Friday, reaching $49.67. The company had a trading volume of 1,728,379 shares, compared to its average volume of 2,502,568. 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 cap of $16.52 billion, a P/E ratio of 15.39 and a beta of 0.61. The business has a 50 day moving average of $52.13 and a 200 day moving average of $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.