R. W. Roge & Company Inc. Invests $804,000 in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM)

R. W. Roge & Company Inc. purchased a new stake in shares of SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) in the third quarter, HoldingsChannel.com reports. The institutional investor purchased 19,481 shares of the company’s stock, valued at approximately $804,000. SPDR Portfolio Emerging Markets ETF makes up about 0.4% of R. W. Roge & Company Inc.’s portfolio, making the stock its 24th largest holding.

Several other institutional investors have also added to or reduced their stakes in SPEM. Rothschild Investment LLC bought a new stake in shares of SPDR Portfolio Emerging Markets ETF during the 2nd quarter worth approximately $27,000. Lynx Investment Advisory bought a new stake in shares of SPDR Portfolio Emerging Markets ETF during the second quarter worth $35,000. Archer Investment Corp purchased a new stake in shares of SPDR Portfolio Emerging Markets ETF during the third quarter valued at $39,000. Hershey Financial Advisers LLC bought a new position in shares of SPDR Portfolio Emerging Markets ETF in the second quarter worth about $49,000. Finally, American National Bank increased its stake in SPDR Portfolio Emerging Markets ETF by 132.0% in the 2nd quarter. American National Bank now owns 1,793 shares of the company’s stock worth $68,000 after buying an additional 1,020 shares during the period.

SPDR Portfolio Emerging Markets ETF Price Performance

Shares of SPEM opened at $39.44 on Wednesday. The firm has a market capitalization of $9.36 billion, a price-to-earnings ratio of 13.05 and a beta of 0.81. SPDR Portfolio Emerging Markets ETF has a 1-year low of $33.52 and a 1-year high of $42.88. The company has a 50-day moving average of $40.38 and a 200 day moving average of $38.82.

About SPDR Portfolio Emerging Markets ETF

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.