Sigma Planning Corp bought a new position in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM – Free Report) during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 18,572 shares of the company’s stock, valued at approximately $958,000.
Other hedge funds and other institutional investors have also recently modified their holdings of the company. State Street Corp lifted its holdings in shares of SPDR Portfolio Emerging Markets ETF by 6.7% in the 2nd quarter. State Street Corp now owns 5,231,398 shares of the company’s stock valued at $270,882,000 after acquiring an additional 329,626 shares during the last quarter. Envestnet Portfolio Solutions Inc. boosted its stake in SPDR Portfolio Emerging Markets ETF by 12.6% during the second quarter. Envestnet Portfolio Solutions Inc. now owns 2,123,055 shares of the company’s stock worth $109,932,000 after buying an additional 237,526 shares during the period. Royal Bank of Canada increased its position in SPDR Portfolio Emerging Markets ETF by 8.1% during the first quarter. Royal Bank of Canada now owns 1,155,291 shares of the company’s stock valued at $54,194,000 after acquiring an additional 86,967 shares during the last quarter. Private Advisor Group LLC raised its stake in shares of SPDR Portfolio Emerging Markets ETF by 8.1% in the first quarter. Private Advisor Group LLC now owns 1,119,846 shares of the company’s stock valued at $52,532,000 after acquiring an additional 83,733 shares during the period. Finally, NewEdge Advisors LLC lifted its holdings in shares of SPDR Portfolio Emerging Markets ETF by 30.3% in the 2nd quarter. NewEdge Advisors LLC now owns 879,360 shares of the company’s stock worth $45,533,000 after acquiring an additional 204,270 shares during the last quarter.
SPDR Portfolio Emerging Markets ETF Stock Performance
Shares of NYSEARCA SPEM opened at $49.42 on Friday. The business’s 50 day moving average price is $51.90 and its 200-day moving average price is $50.72. SPDR Portfolio Emerging Markets ETF has a fifty-two week low of $45.28 and a fifty-two week high of $53.54. The company has a market cap of $16.44 billion, a price-to-earnings ratio of 15.39 and a beta of 0.61.
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.
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