Rodgers & Associates LTD Makes New Investment in SPDR Portfolio Emerging Markets ETF $SPEM

Rodgers & Associates LTD bought a new position in shares of SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) during the 3rd quarter, according to the company in its most recent disclosure with the SEC. The fund bought 387,712 shares of the company’s stock, valued at approximately $20,068,000. SPDR Portfolio Emerging Markets ETF comprises approximately 1.9% of Rodgers & Associates LTD’s investment portfolio, making the stock its 20th biggest position. Rodgers & Associates LTD owned approximately 0.12% of SPDR Portfolio Emerging Markets ETF at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in SPEM. State Street Corp grew its holdings in shares of SPDR Portfolio Emerging Markets ETF by 6.7% during the second quarter. State Street Corp now owns 5,231,398 shares of the company’s stock worth $270,882,000 after buying an additional 329,626 shares in the last quarter. Envestnet Portfolio Solutions Inc. lifted its stake in shares of SPDR Portfolio Emerging Markets ETF by 12.6% in the second quarter. Envestnet Portfolio Solutions Inc. now owns 2,123,055 shares of the company’s stock worth $109,932,000 after buying an additional 237,526 shares in the last quarter. Royal Bank of Canada lifted its stake in shares of 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 worth $54,194,000 after buying an additional 86,967 shares in the last quarter. Private Advisor Group LLC boosted its position in SPDR Portfolio Emerging Markets ETF by 8.1% during the first quarter. Private Advisor Group LLC now owns 1,119,846 shares of the company’s stock worth $52,532,000 after acquiring an additional 83,733 shares during the last quarter. Finally, NewEdge Advisors LLC boosted its position in SPDR Portfolio Emerging Markets ETF by 30.3% during the second quarter. NewEdge Advisors LLC now owns 879,360 shares of the company’s stock worth $45,533,000 after acquiring an additional 204,270 shares during the last quarter.

SPDR Portfolio Emerging Markets ETF Trading Up 0.5%

SPEM opened at $50.91 on Wednesday. SPDR Portfolio Emerging Markets ETF has a twelve month low of $45.28 and a twelve month high of $53.54. The firm has a market capitalization of $16.93 billion, a PE ratio of 15.39 and a beta of 0.61. The firm’s 50-day moving average price is $52.26 and its 200 day moving average price is $51.56.

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.