Boltwood Capital Management decreased its position in shares of SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM – Free Report) by 37.4% during the 3rd quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 112,573 shares of the company’s stock after selling 67,133 shares during the quarter. SPDR Portfolio Emerging Markets ETF makes up approximately 1.3% of Boltwood Capital Management’s holdings, making the stock its 20th largest holding. Boltwood Capital Management’s holdings in SPDR Portfolio Emerging Markets ETF were worth $5,827,000 as of its most recent filing with the SEC.
Other hedge funds have also recently bought and sold shares of the company. QRG Capital Management Inc. raised its holdings in SPDR Portfolio Emerging Markets ETF by 61.1% during the 2nd quarter. QRG Capital Management Inc. now owns 45,034 shares of the company’s stock worth $2,332,000 after purchasing an additional 17,087 shares during the last quarter. Envestnet Portfolio Solutions Inc. boosted its stake in SPDR Portfolio Emerging Markets ETF by 12.6% in the second quarter. Envestnet Portfolio Solutions Inc. now owns 2,123,055 shares of the company’s stock valued at $109,932,000 after acquiring an additional 237,526 shares during the last quarter. State Street Corp grew its holdings in SPDR Portfolio Emerging Markets ETF by 6.7% during the 2nd quarter. State Street Corp now owns 5,231,398 shares of the company’s stock worth $270,882,000 after acquiring an additional 329,626 shares during the period. Capital Analysts LLC raised its position in shares of SPDR Portfolio Emerging Markets ETF by 2.5% during the 2nd quarter. Capital Analysts LLC now owns 355,182 shares of the company’s stock valued at $18,392,000 after acquiring an additional 8,799 shares during the last quarter. Finally, NewEdge Advisors LLC raised its position in shares of SPDR Portfolio Emerging Markets ETF by 30.3% during the 2nd quarter. NewEdge Advisors LLC now owns 879,360 shares of the company’s stock valued at $45,533,000 after acquiring an additional 204,270 shares during the last quarter.
SPDR Portfolio Emerging Markets ETF Price Performance
Shares of SPEM stock traded up $0.41 during trading hours on Friday, reaching $51.91. The company had a trading volume of 3,426,878 shares, compared to its average volume of 2,558,178. SPDR Portfolio Emerging Markets ETF has a 1-year low of $45.28 and a 1-year high of $53.54. The firm has a market cap of $17.52 billion, a price-to-earnings ratio of 15.39 and a beta of 0.61. The company has a 50 day moving average of $52.12 and a 200 day moving average of $51.09.
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.
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