Stevens Capital Partners raised its holdings in shares of SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM – Free Report) by 174.8% during the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 31,262 shares of the company’s stock after acquiring an additional 19,886 shares during the quarter. Stevens Capital Partners’ holdings in SPDR Portfolio Emerging Markets ETF were worth $1,466,000 at the end of the most recent quarter.
A number of other large investors also recently made changes to their positions in SPEM. Midwest Capital Advisors LLC raised its holdings in shares of SPDR Portfolio Emerging Markets ETF by 33.3% during the fourth quarter. Midwest Capital Advisors LLC now owns 407,988 shares of the company’s stock worth $19,098,000 after acquiring an additional 101,817 shares in the last quarter. Brooklyn FI LLC boosted its position in SPDR Portfolio Emerging Markets ETF by 19.9% during the fourth quarter. Brooklyn FI LLC now owns 144,230 shares of the company’s stock valued at $6,751,000 after purchasing an additional 23,983 shares during the last quarter. McNamara Financial Services Inc. boosted its position in SPDR Portfolio Emerging Markets ETF by 1.6% during the fourth quarter. McNamara Financial Services Inc. now owns 869,793 shares of the company’s stock valued at $40,715,000 after purchasing an additional 13,566 shares during the last quarter. Lunt Capital Management Inc. purchased a new position in SPDR Portfolio Emerging Markets ETF in the fourth quarter valued at about $569,000. Finally, Fort Point Capital Partners LLC grew its stake in SPDR Portfolio Emerging Markets ETF by 5.8% in the third quarter. Fort Point Capital Partners LLC now owns 240,605 shares of the company’s stock valued at $11,263,000 after purchasing an additional 13,202 shares in the last quarter.
SPDR Portfolio Emerging Markets ETF Price Performance
Shares of SPEM stock opened at $51.12 on Friday. SPDR Portfolio Emerging Markets ETF has a fifty-two week low of $42.61 and a fifty-two week high of $53.54. The stock’s 50-day moving average is $51.73 and its two-hundred day moving average is $49.63. The firm has a market cap of $17.25 billion, a P/E ratio of 15.39 and a beta of 0.60.
SPDR Portfolio Emerging Markets ETF 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.
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