Austin Private Wealth LLC Has $3.45 Million Stock Position in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM)

Austin Private Wealth LLC boosted its stake in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) by 8.8% during the fourth quarter, Holdings Channel reports. The institutional investor owned 89,888 shares of the company’s stock after buying an additional 7,253 shares during the period. Austin Private Wealth LLC’s holdings in SPDR Portfolio Emerging Markets ETF were worth $3,449,000 as of its most recent filing with the SEC.

Several other hedge funds have also added to or reduced their stakes in SPEM. Occidental Asset Management LLC raised its holdings in SPDR Portfolio Emerging Markets ETF by 0.7% in the 4th quarter. Occidental Asset Management LLC now owns 46,414 shares of the company’s stock valued at $1,781,000 after acquiring an additional 312 shares in the last quarter. Iams Wealth Management LLC increased its holdings in SPDR Portfolio Emerging Markets ETF by 1.1% in the 4th quarter. Iams Wealth Management LLC now owns 29,858 shares of the company’s stock worth $1,146,000 after purchasing an additional 330 shares in the last quarter. Hofer & Associates. Inc increased its position in SPDR Portfolio Emerging Markets ETF by 1.2% in the 3rd quarter. Hofer & Associates. Inc now owns 27,976 shares of the company’s stock valued at $1,155,000 after acquiring an additional 332 shares during the period. City State Bank increased its position in SPDR Portfolio Emerging Markets ETF by 1.6% during the 4th quarter. City State Bank now owns 21,271 shares of the company’s stock valued at $816,000 after purchasing an additional 335 shares during the period. Finally, Carnegie Investment Counsel grew its holdings in SPDR Portfolio Emerging Markets ETF by 2.6% during the 4th quarter. Carnegie Investment Counsel now owns 13,151 shares of the company’s stock worth $505,000 after acquiring an additional 335 shares during the period.

SPDR Portfolio Emerging Markets ETF Price Performance

NYSEARCA SPEM opened at $38.73 on Friday. The business has a 50 day simple moving average of $38.94 and a 200 day simple moving average of $39.17. SPDR Portfolio Emerging Markets ETF has a one year low of $33.94 and a one year high of $42.88. The stock has a market capitalization of $9.19 billion, a P/E ratio of 13.05 and a beta of 0.81.

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.