SPDR Portfolio Emerging Markets ETF $SPEM Shares Bought by Capital Wealth Management LLC

Capital Wealth Management LLC boosted its stake in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) by 4.0% in the 1st quarter, Holdings Channel reports. The firm owned 430,690 shares of the company’s stock after buying an additional 16,393 shares during the quarter. SPDR Portfolio Emerging Markets ETF accounts for approximately 5.5% of Capital Wealth Management LLC’s portfolio, making the stock its 9th biggest position. Capital Wealth Management LLC’s holdings in SPDR Portfolio Emerging Markets ETF were worth $20,204,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently modified their holdings of the stock. Brighton Jones LLC acquired a new stake in SPDR Portfolio Emerging Markets ETF in the fourth quarter valued at approximately $289,000. AQR Capital Management LLC grew its stake in shares of SPDR Portfolio Emerging Markets ETF by 80.2% during the first quarter. AQR Capital Management LLC now owns 31,388 shares of the company’s stock valued at $1,236,000 after acquiring an additional 13,972 shares in the last quarter. Goldman Sachs Group Inc. increased its position in shares of SPDR Portfolio Emerging Markets ETF by 6.6% during the first quarter. Goldman Sachs Group Inc. now owns 104,799 shares of the company’s stock worth $4,126,000 after acquiring an additional 6,463 shares during the last quarter. First Trust Advisors LP increased its position in shares of SPDR Portfolio Emerging Markets ETF by 2.8% during the second quarter. First Trust Advisors LP now owns 9,682 shares of the company’s stock worth $414,000 after acquiring an additional 263 shares during the last quarter. Finally, Marshall Wace LLP acquired a new position in shares of SPDR Portfolio Emerging Markets ETF in the second quarter worth about $768,000.

SPDR Portfolio Emerging Markets ETF Stock Performance

Shares of SPEM opened at $51.51 on Wednesday. The company has a market capitalization of $17.66 billion, a P/E ratio of 15.39 and a beta of 0.60. SPDR Portfolio Emerging Markets ETF has a one year low of $41.82 and a one year high of $53.54. The stock has a 50-day moving average price of $51.64 and a 200 day moving average price of $49.42.

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.