Salomon & Ludwin LLC Has $477,000 Holdings in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM)

Salomon & Ludwin LLC boosted its holdings in shares of SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) by 5.1% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 12,436 shares of the company’s stock after acquiring an additional 602 shares during the quarter. Salomon & Ludwin LLC’s holdings in SPDR Portfolio Emerging Markets ETF were worth $477,000 at the end of the most recent quarter.

A number of other institutional investors have also recently bought and sold shares of SPEM. LexAurum Advisors LLC boosted its position in SPDR Portfolio Emerging Markets ETF by 4.6% during the 3rd quarter. LexAurum Advisors LLC now owns 154,224 shares of the company’s stock worth $6,366,000 after acquiring an additional 6,769 shares during the period. Net Worth Advisory Group purchased a new stake in shares of SPDR Portfolio Emerging Markets ETF during the 3rd quarter worth about $776,000. Raymond James & Associates raised its stake in shares of SPDR Portfolio Emerging Markets ETF by 8.9% during the 3rd quarter. Raymond James & Associates now owns 258,992 shares of the company’s stock worth $10,691,000 after purchasing an additional 21,119 shares in the last quarter. Cadent Capital Advisors LLC purchased a new stake in shares of SPDR Portfolio Emerging Markets ETF during the 3rd quarter worth about $228,000. Finally, Wealth Alliance Advisory Group LLC raised its stake in shares of SPDR Portfolio Emerging Markets ETF by 1.6% during the 3rd quarter. Wealth Alliance Advisory Group LLC now owns 213,617 shares of the company’s stock worth $8,818,000 after purchasing an additional 3,448 shares in the last quarter.

SPDR Portfolio Emerging Markets ETF Price Performance

SPEM opened at $40.01 on Friday. SPDR Portfolio Emerging Markets ETF has a fifty-two week low of $34.98 and a fifty-two week high of $42.88. The business has a 50-day moving average of $38.88 and a 200-day moving average of $39.24. The company has a market capitalization of $9.50 billion, a PE ratio of 13.05 and a beta of 0.81.

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.