Clearstead Advisors LLC Buys 16,805 Shares of SPDR Portfolio Emerging Markets ETF $SPEM

Clearstead Advisors LLC lifted its position in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) by 11.6% during the third quarter, HoldingsChannel.com reports. The fund owned 161,208 shares of the company’s stock after purchasing an additional 16,805 shares during the period. Clearstead Advisors LLC’s holdings in SPDR Portfolio Emerging Markets ETF were worth $7,546,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Hantz Financial Services Inc. increased its stake in SPDR Portfolio Emerging Markets ETF by 2,031.0% in the third quarter. Hantz Financial Services Inc. now owns 618 shares of the company’s stock valued at $27,000 after purchasing an additional 589 shares in the last quarter. First Horizon Corp bought a new position in shares of SPDR Portfolio Emerging Markets ETF during the third quarter worth $29,000. Stone House Investment Management LLC acquired a new position in shares of SPDR Portfolio Emerging Markets ETF in the 3rd quarter valued at $40,000. Addison Advisors LLC acquired a new position in shares of SPDR Portfolio Emerging Markets ETF in the 2nd quarter valued at $49,000. Finally, Blue Trust Inc. increased its position in shares of SPDR Portfolio Emerging Markets ETF by 539.1% in the 3rd quarter. Blue Trust Inc. now owns 1,227 shares of the company’s stock valued at $57,000 after buying an additional 1,035 shares in the last quarter.

SPDR Portfolio Emerging Markets ETF Trading Down 0.8%

Shares of SPDR Portfolio Emerging Markets ETF stock opened at $50.45 on Tuesday. The stock’s fifty day simple moving average is $48.71 and its 200 day simple moving average is $47.20. The company has a market capitalization of $16.85 billion, a PE ratio of 15.39 and a beta of 0.56. SPDR Portfolio Emerging Markets ETF has a 12 month low of $34.38 and a 12 month high of $51.05.

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.