SPDR Portfolio Emerging Markets ETF $SPEM Shares Acquired by MONECO Advisors LLC

MONECO Advisors LLC boosted its stake in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) by 65.4% in the third quarter, HoldingsChannel.com reports. The institutional investor owned 108,407 shares of the company’s stock after acquiring an additional 42,868 shares during the quarter. MONECO Advisors LLC’s holdings in SPDR Portfolio Emerging Markets ETF were worth $5,075,000 at the end of the most recent reporting period.

Several other large investors have also recently bought and sold shares of the stock. Brighton Jones LLC acquired a new stake in shares of SPDR Portfolio Emerging Markets ETF in the 4th quarter worth approximately $289,000. AQR Capital Management LLC raised its holdings in SPDR Portfolio Emerging Markets ETF by 80.2% during the first 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 in the last quarter. Goldman Sachs Group Inc. lifted its position in SPDR Portfolio Emerging Markets ETF by 6.6% in the first 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 period. Janney Montgomery Scott LLC bought a new position in SPDR Portfolio Emerging Markets ETF during the 2nd quarter valued at $1,182,000. Finally, Truist Financial Corp boosted its stake in SPDR Portfolio Emerging Markets ETF by 10.1% during the 2nd quarter. Truist Financial Corp now owns 96,702 shares of the company’s stock valued at $4,133,000 after purchasing an additional 8,909 shares in the last quarter.

SPDR Portfolio Emerging Markets ETF Stock Performance

Shares of SPEM stock opened at $48.86 on Friday. SPDR Portfolio Emerging Markets ETF has a 1 year low of $34.38 and a 1 year high of $50.58. The business’s fifty day moving average is $47.90 and its 200-day moving average is $46.58. The stock has a market cap of $16.32 billion, a PE ratio of 15.39 and a beta of 0.56.

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.