Global Strategic Investment Solutions LLC reduced its stake in shares of SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM – Free Report) by 1.1% during the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 688,119 shares of the company’s stock after selling 7,651 shares during the quarter. SPDR Portfolio Emerging Markets ETF accounts for approximately 3.1% of Global Strategic Investment Solutions LLC’s holdings, making the stock its 8th largest holding. Global Strategic Investment Solutions LLC’s holdings in SPDR Portfolio Emerging Markets ETF were worth $29,410,000 at the end of the most recent reporting period.
Other hedge funds have also modified their holdings of the company. Knuff & Co LLC purchased a new stake in shares of SPDR Portfolio Emerging Markets ETF during the 1st quarter valued at about $29,000. Brooklyn Investment Group purchased a new stake in shares of SPDR Portfolio Emerging Markets ETF during the 1st quarter valued at about $32,000. Webster Bank N. A. purchased a new stake in shares of SPDR Portfolio Emerging Markets ETF during the 2nd quarter valued at about $40,000. Wayfinding Financial LLC purchased a new stake in shares of SPDR Portfolio Emerging Markets ETF during the 1st quarter valued at about $36,000. Finally, Tsfg LLC raised its holdings in shares of SPDR Portfolio Emerging Markets ETF by 267.4% during the 1st quarter. Tsfg LLC now owns 992 shares of the company’s stock valued at $39,000 after buying an additional 722 shares during the period.
SPDR Portfolio Emerging Markets ETF Stock Performance
Shares of NYSEARCA:SPEM opened at $47.35 on Friday. The company has a market cap of $14.56 billion, a P/E ratio of 15.39 and a beta of 0.68. SPDR Portfolio Emerging Markets ETF has a one year low of $34.38 and a one year high of $47.44. The business’s 50-day simple moving average is $45.05 and its 200 day simple moving average is $42.28.
About SPDR Portfolio Emerging Markets ETF
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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