Cantor Fitzgerald Investment Advisors L.P. bought a new position in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM – Free Report) during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor bought 41,547 shares of the company’s stock, valued at approximately $2,150,000.
Other institutional investors have also recently made changes to their positions in the company. State Street Corp lifted its position in 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 in the last quarter. Envestnet Portfolio Solutions Inc. increased its holdings in shares of SPDR Portfolio Emerging Markets ETF by 12.6% in the 2nd quarter. Envestnet Portfolio Solutions Inc. now owns 2,123,055 shares of the company’s stock worth $109,932,000 after purchasing an additional 237,526 shares in the last quarter. Corient Private Wealth LLC lifted its holdings in shares of SPDR Portfolio Emerging Markets ETF by 16.5% during the fourth quarter. Corient Private Wealth LLC now owns 1,319,880 shares of the company’s stock valued at $61,784,000 after purchasing an additional 187,095 shares in the last quarter. Royal Bank of Canada lifted its holdings in shares of 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 purchasing an additional 86,967 shares in the last quarter. Finally, Private Advisor Group LLC increased its holdings in SPDR Portfolio Emerging Markets ETF by 8.1% in the 1st quarter. Private Advisor Group LLC now owns 1,119,846 shares of the company’s stock worth $52,532,000 after buying an additional 83,733 shares in the last quarter.
SPDR Portfolio Emerging Markets ETF Stock Performance
SPEM opened at $51.35 on Friday. The company’s 50-day simple moving average is $52.36 and its two-hundred day simple moving average is $51.47. The stock has a market capitalization of $17.25 billion, a P/E ratio of 15.39 and a beta of 0.61. SPDR Portfolio Emerging Markets ETF has a 52-week low of $45.28 and a 52-week high of $53.54.
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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