64,289 Shares in SPDR Portfolio Emerging Markets ETF $SPEM Purchased by Hsbc Holdings PLC

Hsbc Holdings PLC bought a new position in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 64,289 shares of the company’s stock, valued at approximately $3,016,000.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Paces Ferry Wealth Advisors LLC raised its stake in SPDR Portfolio Emerging Markets ETF by 4.1% during the 4th quarter. Paces Ferry Wealth Advisors LLC now owns 5,051 shares of the company’s stock valued at $236,000 after acquiring an additional 200 shares in the last quarter. Trinity Wealth Management LLC raised its position in shares of SPDR Portfolio Emerging Markets ETF by 0.9% during the 1st quarter. Trinity Wealth Management LLC now owns 21,496 shares of the company’s stock worth $1,008,000 after buying an additional 201 shares in the last quarter. Kelman Lazarov Inc. boosted its holdings in shares of SPDR Portfolio Emerging Markets ETF by 3.3% in the first quarter. Kelman Lazarov Inc. now owns 6,272 shares of the company’s stock valued at $294,000 after acquiring an additional 203 shares in the last quarter. Mascagni Wealth Management Inc. increased its stake in shares of SPDR Portfolio Emerging Markets ETF by 4.8% during the fourth quarter. Mascagni Wealth Management Inc. now owns 4,499 shares of the company’s stock valued at $211,000 after acquiring an additional 207 shares during the period. Finally, River Street Advisors LLC lifted its position in SPDR Portfolio Emerging Markets ETF by 1.8% in the fourth quarter. River Street Advisors LLC now owns 12,122 shares of the company’s stock worth $567,000 after purchasing an additional 209 shares during the period.

SPDR Portfolio Emerging Markets ETF Stock Down 0.6%

Shares of SPDR Portfolio Emerging Markets ETF stock opened at $50.16 on Friday. The business has a fifty day simple moving average of $51.58 and a 200-day simple moving average of $50.09. The firm has a market cap of $16.98 billion, a price-to-earnings ratio of 15.39 and a beta of 0.60. SPDR Portfolio Emerging Markets ETF has a fifty-two week low of $42.66 and a fifty-two 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.