WLTH Capital Management LLC Makes New Investment in SPDR Portfolio Emerging Markets ETF $SPEM

WLTH Capital Management LLC bought a new stake in shares of SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund bought 27,636 shares of the company’s stock, valued at approximately $1,389,000. SPDR Portfolio Emerging Markets ETF makes up approximately 1.1% of WLTH Capital Management LLC’s investment portfolio, making the stock its 19th largest position.

Other hedge funds have also made changes to their positions in the company. Clear Retirement Advice LLC purchased a new position in shares of SPDR Portfolio Emerging Markets ETF during the fourth quarter valued at $366,000. Kera Capital Partners Inc. lifted its stake in SPDR Portfolio Emerging Markets ETF by 8.6% in the fourth quarter. Kera Capital Partners Inc. now owns 72,879 shares of the company’s stock worth $3,586,000 after acquiring an additional 5,741 shares during the period. WealthPoint Financial LLC purchased a new stake in SPDR Portfolio Emerging Markets ETF in the fourth quarter worth about $997,000. Van Diest Capital LLC purchased a new stake in SPDR Portfolio Emerging Markets ETF in the fourth quarter worth about $232,000. Finally, Compound Planning Inc. grew its holdings in SPDR Portfolio Emerging Markets ETF by 1.9% during the 4th quarter. Compound Planning Inc. now owns 42,939 shares of the company’s stock worth $2,010,000 after acquiring an additional 791 shares in the last quarter.

SPDR Portfolio Emerging Markets ETF Stock Performance

NYSEARCA SPEM opened at $53.08 on Friday. The company has a market capitalization of $18.20 billion, a price-to-earnings ratio of 15.39 and a beta of 0.60. The company’s 50-day simple moving average is $51.43 and its two-hundred day simple moving average is $49.30. SPDR Portfolio Emerging Markets ETF has a one year low of $40.83 and a one 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.