GRIMES & Co WEALTH MANAGEMENT LLC acquired a new stake in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM – Free Report) in the 3rd quarter, Holdings Channel reports. The firm acquired 75,105 shares of the company’s stock, valued at approximately $3,887,000.
Other hedge funds also recently modified their holdings of the company. Paces Ferry Wealth Advisors LLC lifted its position 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 acquiring an additional 206 shares during the period. Kraft Davis & Associates LLC increased its stake in SPDR Portfolio Emerging Markets ETF by 1.7% in the second quarter. Kraft Davis & Associates LLC now owns 12,406 shares of the company’s stock valued at $634,000 after purchasing an additional 207 shares in the last quarter. United Asset Strategies Inc. increased its stake in SPDR Portfolio Emerging Markets ETF by 0.9% in the first quarter. United Asset Strategies Inc. now owns 24,806 shares of the company’s stock valued at $1,164,000 after purchasing an additional 215 shares in the last quarter. D.A. Davidson & CO. increased its stake in SPDR Portfolio Emerging Markets ETF by 4.7% in the first quarter. D.A. Davidson & CO. now owns 5,175 shares of the company’s stock valued at $243,000 after purchasing an additional 234 shares in the last quarter. Finally, Balefire LLC raised its holdings in shares of SPDR Portfolio Emerging Markets ETF by 0.4% during the second quarter. Balefire LLC now owns 72,611 shares of the company’s stock valued at $3,760,000 after purchasing an additional 255 shares during the period.
SPDR Portfolio Emerging Markets ETF Trading Down 0.7%
Shares of NYSEARCA SPEM opened at $48.28 on Wednesday. The firm has a market capitalization of $16.06 billion, a P/E ratio of 15.39 and a beta of 0.63. The firm’s 50-day moving average price is $51.68 and its 200-day moving average price is $50.71. SPDR Portfolio Emerging Markets ETF has a 1-year low of $45.28 and a 1-year high of $53.54.
SPDR Portfolio Emerging Markets ETF 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.
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Want to see what other hedge funds are holding SPEM? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM – Free Report).
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