Royal Bank of Canada Has $54.19 Million Stock Holdings in SPDR Portfolio Emerging Markets ETF $SPEM

Royal Bank of Canada grew its holdings in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) by 8.1% in the 1st quarter, HoldingsChannel.com reports. The fund owned 1,155,291 shares of the company’s stock after purchasing an additional 86,967 shares during the quarter. Royal Bank of Canada’s holdings in SPDR Portfolio Emerging Markets ETF were worth $54,194,000 as of its most recent SEC filing.

Several other hedge funds also recently modified their holdings of SPEM. First Command Advisory Services Inc. bought a new position in shares of SPDR Portfolio Emerging Markets ETF during the 4th quarter valued at $26,000. Ascentis Independent Advisors acquired a new position in SPDR Portfolio Emerging Markets ETF during the first quarter valued at approximately $27,000. Safe Harbor Fiduciary LLC bought a new position in shares of SPDR Portfolio Emerging Markets ETF in the fourth quarter valued at approximately $32,000. Front Row Advisors LLC raised its position in shares of SPDR Portfolio Emerging Markets ETF by 147.9% in the third quarter. Front Row Advisors LLC now owns 771 shares of the company’s stock valued at $36,000 after purchasing an additional 460 shares during the period. Finally, IFC & Insurance Marketing Inc. acquired a new stake in shares of SPDR Portfolio Emerging Markets ETF in the fourth quarter worth $37,000.

SPDR Portfolio Emerging Markets ETF Trading Up 0.8%

NYSEARCA SPEM opened at $50.93 on Friday. The company has a fifty day simple moving average of $51.51 and a 200 day simple moving average of $50.16. The company has a market cap of $17.24 billion, a P/E ratio of 15.39 and a beta of 0.60. SPDR Portfolio Emerging Markets ETF has a 1 year low of $42.66 and a 1 year high of $53.54.

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.