Alpha Advisors LLC VA Invests $1.49 Million in SPDR Portfolio Emerging Markets ETF $SPEM

Alpha Advisors LLC VA bought a new position in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) during the 3rd quarter, Holdings Channel reports. The institutional investor bought 31,790 shares of the company’s stock, valued at approximately $1,488,000. SPDR Portfolio Emerging Markets ETF accounts for approximately 1.1% of Alpha Advisors LLC VA’s investment portfolio, making the stock its 19th biggest position.

Several other large investors have also recently bought and sold shares of SPEM. Hantz Financial Services Inc. raised its holdings in shares of 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 position in shares of SPDR Portfolio Emerging Markets ETF in the third quarter worth approximately $29,000. Stone House Investment Management LLC purchased a new stake in SPDR Portfolio Emerging Markets ETF in the third quarter valued at approximately $40,000. Addison Advisors LLC purchased a new stake in SPDR Portfolio Emerging Markets ETF in the second quarter valued at approximately $49,000. Finally, Blue Trust Inc. lifted its position in SPDR Portfolio Emerging Markets ETF by 539.1% during the third quarter. Blue Trust Inc. now owns 1,227 shares of the company’s stock valued at $57,000 after purchasing an additional 1,035 shares during the last quarter.

SPDR Portfolio Emerging Markets ETF Stock Performance

SPDR Portfolio Emerging Markets ETF stock opened at $48.44 on Thursday. SPDR Portfolio Emerging Markets ETF has a fifty-two week low of $34.38 and a fifty-two week high of $51.35. The stock has a market cap 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 200-day moving average price is $47.46.

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.