Sugarloaf Wealth Management LLC Acquires 826 Shares of SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM)

Sugarloaf Wealth Management LLC boosted its holdings in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) by 0.4% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 232,103 shares of the company’s stock after acquiring an additional 826 shares during the period. SPDR Portfolio Emerging Markets ETF accounts for 1.8% of Sugarloaf Wealth Management LLC’s holdings, making the stock its 13th biggest position. Sugarloaf Wealth Management LLC owned about 0.10% of SPDR Portfolio Emerging Markets ETF worth $9,581,000 as of its most recent SEC filing.

Several other hedge funds have also added to or reduced their stakes in SPEM. Wedmont Private Capital raised its position in SPDR Portfolio Emerging Markets ETF by 0.7% in the first quarter. Wedmont Private Capital now owns 43,028 shares of the company’s stock valued at $1,593,000 after purchasing an additional 278 shares during the last quarter. WealthPLAN Partners LLC raised its position in SPDR Portfolio Emerging Markets ETF by 3.5% in the first quarter. WealthPLAN Partners LLC now owns 8,398 shares of the company’s stock valued at $304,000 after purchasing an additional 282 shares during the last quarter. United Asset Strategies Inc. raised its position in SPDR Portfolio Emerging Markets ETF by 4.1% in the second quarter. United Asset Strategies Inc. now owns 7,507 shares of the company’s stock valued at $283,000 after purchasing an additional 298 shares during the last quarter. Verus Capital Partners LLC raised its position in SPDR Portfolio Emerging Markets ETF by 1.8% in the first quarter. Verus Capital Partners LLC now owns 17,201 shares of the company’s stock valued at $623,000 after purchasing an additional 302 shares during the last quarter. Finally, Epic Trust Investment Advisors LLC raised its position in SPDR Portfolio Emerging Markets ETF by 3.4% in the second quarter. Epic Trust Investment Advisors LLC now owns 9,367 shares of the company’s stock valued at $353,000 after purchasing an additional 304 shares during the last quarter.

SPDR Portfolio Emerging Markets ETF Stock Down 2.9 %

SPDR Portfolio Emerging Markets ETF stock traded down $1.26 during trading hours on Tuesday, hitting $41.56. The stock had a trading volume of 528,472 shares, compared to its average volume of 1,579,283. The stock has a market cap of $9.87 billion, a price-to-earnings ratio of 13.05 and a beta of 0.81. SPDR Portfolio Emerging Markets ETF has a one year low of $32.06 and a one year high of $42.88. The business’s 50 day simple moving average is $38.78 and its 200-day simple moving average is $37.90.

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.