Able Wealth Management LLC Purchases Shares of 15,706 SPDR Portfolio Emerging Markets ETF $SPEM

Able Wealth Management LLC purchased a new position in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) during the 1st quarter, according to its most recent 13F filing with the SEC. The firm purchased 15,706 shares of the company’s stock, valued at approximately $737,000.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Root Financial Partners LLC raised its stake in shares of SPDR Portfolio Emerging Markets ETF by 19.9% in the first quarter. Root Financial Partners LLC now owns 3,362 shares of the company’s stock valued at $158,000 after purchasing an additional 557 shares in the last quarter. Capital Asset Advisory Services LLC boosted its position in shares of SPDR Portfolio Emerging Markets ETF by 7.4% during the 1st quarter. Capital Asset Advisory Services LLC now owns 666,463 shares of the company’s stock valued at $34,056,000 after acquiring an additional 46,113 shares in the last quarter. True Blue Financial LLC acquired a new stake in shares of SPDR Portfolio Emerging Markets ETF during the 1st quarter valued at about $204,000. TKG Advisors LLC increased its stake in SPDR Portfolio Emerging Markets ETF by 36.4% in the first quarter. TKG Advisors LLC now owns 15,175 shares of the company’s stock valued at $712,000 after acquiring an additional 4,049 shares during the period. Finally, Vertrix Wealth Management LLC bought a new stake in SPDR Portfolio Emerging Markets ETF in the first quarter valued at about $213,000.

SPDR Portfolio Emerging Markets ETF Stock Down 0.9%

NYSEARCA:SPEM opened at $51.30 on Thursday. The firm has a market capitalization of $17.31 billion, a PE ratio of 15.39 and a beta of 0.60. SPDR Portfolio Emerging Markets ETF has a 12-month low of $42.61 and a 12-month high of $53.54. The firm has a 50-day moving average price of $51.72 and a 200 day moving average price of $49.60.

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.