Runnymede Capital Advisors Inc. Invests $1.70 Million in SPDR Portfolio Emerging Markets ETF $SPEM

Runnymede Capital Advisors Inc. bought a new stake in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) in the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor bought 36,337 shares of the company’s stock, valued at approximately $1,701,000.

A number of other large investors have also recently made changes to their positions in SPEM. Hantz Financial Services Inc. boosted its position in shares of SPDR Portfolio Emerging Markets ETF by 2,031.0% in the 3rd quarter. Hantz Financial Services Inc. now owns 618 shares of the company’s stock valued at $27,000 after purchasing an additional 589 shares during the period. First Horizon Corp acquired a new stake in shares of SPDR Portfolio Emerging Markets ETF in the 3rd quarter valued at about $29,000. Front Row Advisors LLC boosted its position in shares of SPDR Portfolio Emerging Markets ETF by 147.9% in the 3rd quarter. Front Row Advisors LLC now owns 771 shares of the company’s stock valued at $36,000 after purchasing an additional 460 shares during the period. Stone House Investment Management LLC acquired a new stake in shares of SPDR Portfolio Emerging Markets ETF in the 3rd quarter valued at about $40,000. Finally, Signaturefd LLC acquired a new stake in shares of SPDR Portfolio Emerging Markets ETF in the 4th quarter valued at about $40,000.

SPDR Portfolio Emerging Markets ETF Stock Up 4.4%

Shares of NYSEARCA SPEM opened at $49.07 on Thursday. The stock has a market cap of $16.82 billion, a PE ratio of 15.39 and a beta of 0.57. SPDR Portfolio Emerging Markets ETF has a 52-week low of $34.62 and a 52-week high of $51.35. The business has a 50-day moving average price of $48.54 and a 200 day moving average price of $47.79.

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.