Shares of SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM – Get Free Report) hit a new 52-week high during trading on Tuesday . The company traded as high as $48.58 and last traded at $48.4750, with a volume of 246708 shares trading hands. The stock had previously closed at $48.15.
SPDR Portfolio Emerging Markets ETF Trading Up 0.6%
The business’s 50-day moving average is $47.06 and its two-hundred day moving average is $45.62. The stock has a market capitalization of $15.95 billion, a PE ratio of 15.39 and a beta of 0.56.
Institutional Investors Weigh In On SPDR Portfolio Emerging Markets ETF
A number of large investors have recently modified their holdings of SPEM. Hantz Financial Services Inc. lifted its position in SPDR Portfolio Emerging Markets ETF by 2,031.0% during the 3rd quarter. Hantz Financial Services Inc. now owns 618 shares of the company’s stock worth $27,000 after acquiring an additional 589 shares in the last quarter. First Horizon Corp purchased a new stake in shares of SPDR Portfolio Emerging Markets ETF during the third quarter valued at approximately $29,000. Sachetta LLC lifted its position in shares of SPDR Portfolio Emerging Markets ETF by 2,263.9% during the second quarter. Sachetta LLC now owns 851 shares of the company’s stock worth $36,000 after purchasing an additional 815 shares in the last quarter. Front Row Advisors LLC boosted its stake 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, Webster Bank N. A. acquired a new stake in SPDR Portfolio Emerging Markets ETF during the 2nd quarter valued at $40,000.
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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