14,007 Shares in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) Purchased by Sequent Asset Management LLC

Sequent Asset Management LLC bought a new stake in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 14,007 shares of the company’s stock, valued at approximately $496,000.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Anchor Investment Management LLC purchased a new position in SPDR Portfolio Emerging Markets ETF in the fourth quarter valued at approximately $28,000. Carmichael Hill & Associates Inc. bought a new position in shares of SPDR Portfolio Emerging Markets ETF during the 3rd quarter worth $32,000. FinTrust Capital Advisors LLC bought a new position in shares of SPDR Portfolio Emerging Markets ETF during the 3rd quarter worth $36,000. NBC Securities Inc. purchased a new stake in SPDR Portfolio Emerging Markets ETF in the 3rd quarter worth about $50,000. Finally, Tsfg LLC bought a new stake in SPDR Portfolio Emerging Markets ETF in the 4th quarter valued at about $70,000.

SPDR Portfolio Emerging Markets ETF Stock Performance

NYSEARCA SPEM traded down $0.49 during trading on Tuesday, hitting $36.44. 1,565,149 shares of the company’s stock traded hands, compared to its average volume of 1,899,191. The stock has a market capitalization of $8.65 billion, a price-to-earnings ratio of 12.30 and a beta of 0.79. SPDR Portfolio Emerging Markets ETF has a 12-month low of $32.06 and a 12-month high of $37.06. The business has a 50 day moving average of $36.05 and a 200-day moving average of $34.95.

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.