Stadion Money Management LLC Reduces Holdings in SPDR Portfolio Emerging Markets ETF $SPEM

Stadion Money Management LLC reduced its position in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) by 2.8% in the 1st quarter, according to its most recent filing with the SEC. The fund owned 990,406 shares of the company’s stock after selling 28,218 shares during the period. SPDR Portfolio Emerging Markets ETF comprises 4.7% of Stadion Money Management LLC’s holdings, making the stock its 4th largest position. Stadion Money Management LLC owned about 0.29% of SPDR Portfolio Emerging Markets ETF worth $46,460,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also bought and sold shares of SPEM. Brighton Jones LLC acquired a new position in shares of SPDR Portfolio Emerging Markets ETF in the fourth quarter valued at approximately $289,000. AQR Capital Management LLC lifted its holdings in SPDR Portfolio Emerging Markets ETF by 80.2% during the 1st quarter. AQR Capital Management LLC now owns 31,388 shares of the company’s stock worth $1,236,000 after purchasing an additional 13,972 shares during the last quarter. Goldman Sachs Group Inc. lifted its holdings in SPDR Portfolio Emerging Markets ETF by 6.6% during the 1st quarter. Goldman Sachs Group Inc. now owns 104,799 shares of the company’s stock worth $4,126,000 after purchasing an additional 6,463 shares during the last quarter. First Trust Advisors LP boosted its stake in SPDR Portfolio Emerging Markets ETF by 2.8% in the 2nd quarter. First Trust Advisors LP now owns 9,682 shares of the company’s stock valued at $414,000 after purchasing an additional 263 shares during the period. Finally, Marshall Wace LLP bought a new stake in SPDR Portfolio Emerging Markets ETF in the 2nd quarter valued at $768,000.

SPDR Portfolio Emerging Markets ETF Price Performance

Shares of NYSEARCA SPEM opened at $50.16 on Friday. The stock’s fifty day moving average price is $51.58 and its two-hundred day moving average price is $50.09. SPDR Portfolio Emerging Markets ETF has a one year low of $42.66 and a one year high of $53.54. The firm has a market cap of $16.98 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.