Kraft Davis & Associates LLC bought a new position in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM – Free Report) in the 3rd quarter, Holdings Channel.com reports. The institutional investor bought 11,742 shares of the company’s stock, valued at approximately $596,000.
Several other hedge funds and other institutional investors also recently modified their holdings of SPEM. Ascentis Independent Advisors purchased a new stake in shares of SPDR Portfolio Emerging Markets ETF during the 1st quarter valued at approximately $27,000. Robinswood Financial LLC bought a new position in SPDR Portfolio Emerging Markets ETF in the 1st quarter worth approximately $32,000. Align Financial LLC bought a new position in SPDR Portfolio Emerging Markets ETF in the 3rd quarter worth approximately $32,000. Brown Lisle Cummings Inc. bought a new position in SPDR Portfolio Emerging Markets ETF in the 1st quarter worth approximately $53,000. Finally, Gould Capital LLC bought a new position in SPDR Portfolio Emerging Markets ETF in the 1st quarter worth approximately $59,000.
SPDR Portfolio Emerging Markets ETF Trading Down 0.1%
SPDR Portfolio Emerging Markets ETF stock opened at $50.85 on Thursday. SPDR Portfolio Emerging Markets ETF has a 1-year low of $45.28 and a 1-year high of $53.54. The firm has a market capitalization of $16.91 billion, a price-to-earnings ratio of 15.39 and a beta of 0.61. The firm has a 50 day simple moving average of $52.23 and a 200 day simple moving average of $51.58.
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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Want to see what other hedge funds are holding SPEM? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM – Free Report).
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