Theory Financial LLC lifted its position in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM – Free Report) by 76.3% during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 46,888 shares of the company’s stock after purchasing an additional 20,293 shares during the quarter. Theory Financial LLC’s holdings in SPDR Portfolio Emerging Markets ETF were worth $2,200,000 at the end of the most recent reporting period.
A number of other hedge funds also recently made changes to their positions in the company. First Command Advisory Services Inc. purchased a new stake in shares of SPDR Portfolio Emerging Markets ETF during the 4th quarter worth approximately $26,000. Ascentis Independent Advisors purchased a new position in shares of SPDR Portfolio Emerging Markets ETF in the first quarter valued at $27,000. Safe Harbor Fiduciary LLC bought a new stake in SPDR Portfolio Emerging Markets ETF in the fourth quarter worth $32,000. Front Row Advisors LLC increased its position in SPDR Portfolio Emerging Markets ETF by 147.9% in the third quarter. Front Row Advisors LLC now owns 771 shares of the company’s stock worth $36,000 after purchasing an additional 460 shares during the last quarter. Finally, IFC & Insurance Marketing Inc. bought a new stake in SPDR Portfolio Emerging Markets ETF in the fourth quarter worth $37,000.
SPDR Portfolio Emerging Markets ETF Stock Up 0.7%
SPDR Portfolio Emerging Markets ETF stock opened at $51.61 on Thursday. SPDR Portfolio Emerging Markets ETF has a 52-week low of $42.66 and a 52-week high of $53.54. The firm’s fifty day moving average is $51.78 and its 200 day moving average is $49.93. The company has a market cap of $17.42 billion, a price-to-earnings 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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