SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) Short Interest Update

SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) was the target of a significant drop in short interest during the month of December. As of December 15th, there was short interest totaling 1,651,355 shares, a drop of 58.4% from the November 30th total of 3,969,831 shares. Based on an average daily volume of 2,178,031 shares, the short-interest ratio is presently 0.8 days. Currently, 0.5% of the company’s stock are sold short. Currently, 0.5% of the company’s stock are sold short. Based on an average daily volume of 2,178,031 shares, the short-interest ratio is presently 0.8 days.

SPDR Portfolio Emerging Markets ETF Stock Up 0.0%

Shares of SPDR Portfolio Emerging Markets ETF stock opened at $46.73 on Friday. The business has a 50-day moving average price of $47.11 and a 200 day moving average price of $45.33. SPDR Portfolio Emerging Markets ETF has a fifty-two week low of $34.38 and a fifty-two week high of $48.56. The firm has a market cap of $14.43 billion, a P/E ratio of 15.39 and a beta of 0.56.

Institutional Investors Weigh In On SPDR Portfolio Emerging Markets ETF

Institutional investors have recently made changes to their positions in the company. Brighton Jones LLC purchased a new stake in shares of SPDR Portfolio Emerging Markets ETF in the fourth quarter valued at approximately $289,000. Synovus Financial Corp purchased a new position in SPDR Portfolio Emerging Markets ETF in the first quarter worth $387,000. Comerica Bank lifted its holdings in SPDR Portfolio Emerging Markets ETF by 10.4% in the first quarter. Comerica Bank now owns 156,170 shares of the company’s stock valued at $6,148,000 after acquiring an additional 14,733 shares during the period. CreativeOne Wealth LLC boosted its position in shares of SPDR Portfolio Emerging Markets ETF by 10.4% during the 1st quarter. CreativeOne Wealth LLC now owns 107,791 shares of the company’s stock worth $4,244,000 after purchasing an additional 10,149 shares in the last quarter. Finally, Tortoise Investment Management LLC boosted its position in shares of SPDR Portfolio Emerging Markets ETF by 3.2% during the 1st quarter. Tortoise Investment Management LLC now owns 312,109 shares of the company’s stock worth $12,288,000 after purchasing an additional 9,703 shares in the last quarter.

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.