Moss Adams Wealth Advisors LLC Acquires 24,267 Shares of SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM)

Moss Adams Wealth Advisors LLC lifted its holdings in shares of SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) by 27.7% during the fourth quarter, Holdings Channel.com reports. The firm owned 111,780 shares of the company’s stock after acquiring an additional 24,267 shares during the quarter. SPDR Portfolio Emerging Markets ETF makes up 0.8% of Moss Adams Wealth Advisors LLC’s investment portfolio, making the stock its 14th biggest holding. Moss Adams Wealth Advisors LLC’s holdings in SPDR Portfolio Emerging Markets ETF were worth $3,958,000 as of its most recent SEC filing.

Several other institutional investors also recently modified their holdings of the business. Anchor Investment Management LLC bought a new position in SPDR Portfolio Emerging Markets ETF during the 4th quarter worth approximately $28,000. Carmichael Hill & Associates Inc. acquired a new position in SPDR Portfolio Emerging Markets ETF in the third quarter valued at $32,000. NBC Securities Inc. bought a new stake in SPDR Portfolio Emerging Markets ETF during the third quarter valued at $50,000. Tsfg LLC acquired a new stake in SPDR Portfolio Emerging Markets ETF during the 4th quarter worth about $70,000. Finally, Fortitude Family Office LLC acquired a new stake in SPDR Portfolio Emerging Markets ETF during the 4th quarter worth about $82,000.

SPDR Portfolio Emerging Markets ETF Stock Performance

Shares of NYSEARCA:SPEM traded down $0.04 during midday trading on Wednesday, reaching $37.38. The company’s stock had a trading volume of 756,359 shares, compared to its average volume of 1,845,492. SPDR Portfolio Emerging Markets ETF has a fifty-two week low of $32.06 and a fifty-two week high of $37.69. The firm has a 50 day moving average price of $36.25 and a two-hundred day moving average price of $35.11. The firm has a market capitalization of $8.87 billion, a price-to-earnings ratio of 12.30 and a beta of 0.79.

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.