SPDR Portfolio Emerging Markets ETF $SPEM Shares Newly Acquired by Choreo LLC

Choreo LLC acquired a new position in shares of SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) during the 3rd quarter, HoldingsChannel.com reports. The fund acquired 74,880 shares of the company’s stock, valued at approximately $3,876,000.

Several other hedge funds have also modified their holdings of the stock. Elwood & Goetz Wealth Advisory Group LLC acquired a new stake in shares of SPDR Portfolio Emerging Markets ETF during the 3rd quarter worth $3,195,000. Ervin Investment Management LLC purchased a new position in shares of SPDR Portfolio Emerging Markets ETF in the 3rd quarter worth $4,938,000. Quantinno Capital Management LP boosted its holdings in SPDR Portfolio Emerging Markets ETF by 25.5% in the first quarter. Quantinno Capital Management LP now owns 79,830 shares of the company’s stock valued at $3,745,000 after acquiring an additional 16,232 shares during the last quarter. Gateway Wealth Partners LLC boosted its holdings in SPDR Portfolio Emerging Markets ETF by 107.2% in the first quarter. Gateway Wealth Partners LLC now owns 163,531 shares of the company’s stock valued at $7,671,000 after acquiring an additional 84,601 shares during the last quarter. Finally, SMART Wealth LLC purchased a new stake in SPDR Portfolio Emerging Markets ETF during the second quarter valued at about $4,391,000.

SPDR Portfolio Emerging Markets ETF Price Performance

Shares of NYSEARCA:SPEM opened at $48.47 on Friday. The business has a 50-day moving average of $51.83 and a two-hundred day moving average of $50.72. The firm has a market capitalization of $16.12 billion, a PE 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.

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.