SPDR Portfolio Emerging Markets ETF $SPEM Shares Newly Purchased by Park Avenue Securities LLC

Park Avenue Securities LLC bought a new position in shares of SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) in the 3rd quarter, according to its most recent 13F filing with the SEC. The fund bought 693,541 shares of the company’s stock, valued at approximately $35,898,000.

A number of other institutional investors and hedge funds also recently modified their holdings of the stock. State Street Corp raised its position in shares of 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 during the period. Vantagepoint Investment Advisers LLC acquired a new position in SPDR Portfolio Emerging Markets ETF during the third quarter valued at approximately $130,375,000. Envestnet Portfolio Solutions Inc. grew its holdings in SPDR Portfolio Emerging Markets ETF by 12.6% during the second quarter. Envestnet Portfolio Solutions Inc. now owns 2,123,055 shares of the company’s stock valued at $109,932,000 after purchasing an additional 237,526 shares during the period. Royal Bank of Canada increased its stake in SPDR Portfolio Emerging Markets ETF by 8.1% in 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 stake in SPDR Portfolio Emerging Markets ETF by 8.1% in the first quarter. Private Advisor Group LLC now owns 1,119,846 shares of the company’s stock valued at $52,532,000 after purchasing an additional 83,733 shares in the last quarter.

SPDR Portfolio Emerging Markets ETF Stock Performance

SPEM opened at $49.36 on Tuesday. The firm’s fifty day moving average is $52.11 and its two-hundred day moving average is $50.69. The firm has a market cap of $16.42 billion, a PE ratio of 15.39 and a beta of 0.61. SPDR Portfolio Emerging Markets ETF has a twelve month low of $45.28 and a twelve month 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.