Balboa Wealth Partners Boosts Stake in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM)

Balboa Wealth Partners increased its position in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) by 14.9% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 36,621 shares of the company’s stock after buying an additional 4,754 shares during the period. Balboa Wealth Partners’ holdings in SPDR Portfolio Emerging Markets ETF were worth $1,512,000 at the end of the most recent quarter.

Other hedge funds also recently made changes to their positions in the company. Lifeworks Advisors LLC bought a new position in SPDR Portfolio Emerging Markets ETF in the third quarter worth approximately $1,988,000. International Private Wealth Advisors LLC lifted its holdings in shares of SPDR Portfolio Emerging Markets ETF by 120.4% during the 3rd quarter. International Private Wealth Advisors LLC now owns 37,794 shares of the company’s stock valued at $1,560,000 after purchasing an additional 20,643 shares during the last quarter. Valtinson Bruner Financial Planning LLC lifted its holdings in shares of SPDR Portfolio Emerging Markets ETF by 8.1% during the 3rd quarter. Valtinson Bruner Financial Planning LLC now owns 190,021 shares of the company’s stock valued at $7,844,000 after purchasing an additional 14,291 shares during the last quarter. Hassell Wealth Management LLC lifted its holdings in shares of SPDR Portfolio Emerging Markets ETF by 3.5% during the 3rd quarter. Hassell Wealth Management LLC now owns 21,576 shares of the company’s stock valued at $868,000 after purchasing an additional 723 shares during the last quarter. Finally, Empower Advisory Group LLC raised its stake in SPDR Portfolio Emerging Markets ETF by 59.2% in the 3rd quarter. Empower Advisory Group LLC now owns 10,217 shares of the company’s stock worth $422,000 after acquiring an additional 3,801 shares during the last quarter.

SPDR Portfolio Emerging Markets ETF Stock Performance

Shares of SPEM opened at $39.09 on Friday. SPDR Portfolio Emerging Markets ETF has a fifty-two week low of $33.52 and a fifty-two week high of $42.88. The company has a market capitalization of $9.28 billion, a P/E ratio of 13.05 and a beta of 0.81. The business’s 50-day moving average is $40.30 and its two-hundred day moving average is $38.75.

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.