Trek Financial LLC acquired a new position in shares of SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM – Free Report) in the third quarter, HoldingsChannel.com reports. The institutional investor acquired 10,784 shares of the company’s stock, valued at approximately $558,000.
A number of other large investors have also recently made changes to their positions in the company. State Street Corp raised its holdings in SPDR Portfolio Emerging Markets ETF by 6.7% in the second quarter. State Street Corp now owns 5,231,398 shares of the company’s stock valued at $270,882,000 after acquiring an additional 329,626 shares in the last quarter. Vantagepoint Investment Advisers LLC acquired a new position in SPDR Portfolio Emerging Markets ETF during the 3rd quarter worth approximately $130,375,000. Envestnet Portfolio Solutions Inc. grew its holdings in SPDR Portfolio Emerging Markets ETF by 12.6% during the 2nd quarter. Envestnet Portfolio Solutions Inc. now owns 2,123,055 shares of the company’s stock worth $109,932,000 after acquiring an additional 237,526 shares in the last quarter. Royal Bank of Canada grew its holdings in SPDR Portfolio Emerging Markets ETF by 8.1% during the 1st quarter. Royal Bank of Canada now owns 1,155,291 shares of the company’s stock worth $54,194,000 after acquiring an additional 86,967 shares in the last quarter. Finally, NewEdge Advisors LLC increased its position in shares of SPDR Portfolio Emerging Markets ETF by 30.3% in the 2nd quarter. NewEdge Advisors LLC now owns 879,360 shares of the company’s stock valued at $45,533,000 after purchasing an additional 204,270 shares during the last quarter.
SPDR Portfolio Emerging Markets ETF Trading Down 0.7%
Shares of NYSEARCA:SPEM opened at $48.28 on Wednesday. SPDR Portfolio Emerging Markets ETF has a 52 week low of $45.28 and a 52 week high of $53.54. The company’s 50 day moving average is $51.68 and its two-hundred day moving average is $50.71. The company has a market cap of $16.06 billion, a PE ratio of 15.39 and a beta of 0.63.
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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Want to see what other hedge funds are holding SPEM? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM – Free Report).
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