Wealth Advisors Northwest LLC Takes $294,000 Position in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM)

Wealth Advisors Northwest LLC purchased a new position in shares of SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm purchased 7,673 shares of the company’s stock, valued at approximately $294,000.

A number of other institutional investors have also recently bought and sold shares of the business. Archer Investment Corp bought a new position in shares of SPDR Portfolio Emerging Markets ETF during the 3rd quarter worth approximately $39,000. Strategic Wealth Investment Group LLC acquired a new stake in SPDR Portfolio Emerging Markets ETF during the 4th quarter valued at $46,000. Blue Trust Inc. boosted its position in SPDR Portfolio Emerging Markets ETF by 474.2% during the fourth quarter. Blue Trust Inc. now owns 2,274 shares of the company’s stock worth $94,000 after purchasing an additional 1,878 shares during the period. McClarren Financial Advisors Inc. increased its holdings in shares of SPDR Portfolio Emerging Markets ETF by 583.2% in the third quarter. McClarren Financial Advisors Inc. now owns 2,569 shares of the company’s stock valued at $106,000 after purchasing an additional 2,193 shares during the last quarter. Finally, Fortitude Family Office LLC bought a new position in shares of SPDR Portfolio Emerging Markets ETF in the fourth quarter valued at about $121,000.

SPDR Portfolio Emerging Markets ETF Stock Performance

NYSEARCA SPEM opened at $39.39 on Wednesday. The stock has a market cap of $9.35 billion, a PE ratio of 13.05 and a beta of 0.81. The firm has a 50-day moving average of $38.91 and a 200-day moving average of $39.23. SPDR Portfolio Emerging Markets ETF has a 52-week low of $34.30 and a 52-week high of $42.88.

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.