Insigneo Advisory Services LLC Makes New Investment in SPDR Portfolio Emerging Markets ETF $SPEM

Insigneo Advisory Services LLC acquired a new stake in shares of SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) in the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor acquired 31,090 shares of the company’s stock, valued at approximately $1,455,000.

Other hedge funds have also made changes to their positions in the company. Hantz Financial Services Inc. raised its holdings in SPDR Portfolio Emerging Markets ETF by 2,031.0% in the 3rd quarter. Hantz Financial Services Inc. now owns 618 shares of the company’s stock valued at $27,000 after acquiring an additional 589 shares in the last quarter. First Horizon Corp bought a new stake in shares of SPDR Portfolio Emerging Markets ETF during the third quarter valued at approximately $29,000. Stone House Investment Management LLC bought a new stake in shares of SPDR Portfolio Emerging Markets ETF during the third quarter valued at approximately $40,000. Addison Advisors LLC acquired a new position in shares of SPDR Portfolio Emerging Markets ETF in the second quarter valued at $49,000. Finally, Blue Trust Inc. lifted its position in SPDR Portfolio Emerging Markets ETF by 539.1% in the third quarter. Blue Trust Inc. now owns 1,227 shares of the company’s stock worth $57,000 after purchasing an additional 1,035 shares during the period.

SPDR Portfolio Emerging Markets ETF Price Performance

SPEM opened at $48.44 on Thursday. The company has a market capitalization of $16.18 billion, a P/E ratio of 15.39 and a beta of 0.56. The firm’s fifty day moving average price is $49.18 and its two-hundred day moving average price is $47.46. SPDR Portfolio Emerging Markets ETF has a fifty-two week low of $34.38 and a fifty-two week high of $51.35.

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.