Short Interest in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) Increases By 32.4%

SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) was the target of a significant growth in short interest during the month of January. As of January 30th, there was short interest totaling 5,362,024 shares, a growth of 32.4% from the January 15th total of 4,049,784 shares. Based on an average daily trading volume, of 3,379,497 shares, the days-to-cover ratio is presently 1.6 days. Currently, 1.6% of the shares of the stock are sold short. Currently, 1.6% of the shares of the stock are sold short. Based on an average daily trading volume, of 3,379,497 shares, the days-to-cover ratio is presently 1.6 days.

Institutional Trading of SPDR Portfolio Emerging Markets ETF

A number of hedge funds and other institutional investors have recently modified their holdings of SPEM. AQR Capital Management LLC lifted its holdings in SPDR Portfolio Emerging Markets ETF by 28.2% during the 4th quarter. AQR Capital Management LLC now owns 120,537 shares of the company’s stock worth $5,642,000 after buying an additional 26,526 shares in the last quarter. Cetera Investment Advisers raised its position in shares of SPDR Portfolio Emerging Markets ETF by 9.6% during the fourth quarter. Cetera Investment Advisers now owns 1,967,527 shares of the company’s stock worth $92,100,000 after acquiring an additional 171,717 shares during the last quarter. Equitable Holdings Inc. lifted its stake in shares of SPDR Portfolio Emerging Markets ETF by 12.3% during the fourth quarter. Equitable Holdings Inc. now owns 1,212,590 shares of the company’s stock valued at $56,761,000 after acquiring an additional 132,350 shares during the period. Miller Capital Partners Inc. bought a new position in SPDR Portfolio Emerging Markets ETF in the fourth quarter valued at about $78,000. Finally, GeoWealth Management LLC increased its position in SPDR Portfolio Emerging Markets ETF by 2.2% in the fourth quarter. GeoWealth Management LLC now owns 730,475 shares of the company’s stock worth $34,193,000 after purchasing an additional 15,523 shares during the period.

SPDR Portfolio Emerging Markets ETF Stock Up 0.0%

Shares of NYSEARCA:SPEM opened at $50.28 on Wednesday. SPDR Portfolio Emerging Markets ETF has a 12 month low of $34.38 and a 12 month high of $51.05. The company’s 50-day moving average price is $48.44 and its two-hundred day moving average price is $47.00. The firm has a market cap of $16.79 billion, a P/E ratio of 15.39 and a beta of 0.56.

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.