Canal Capital Management LLC raised its stake in shares of SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM – Free Report) by 3.7% in the fourth quarter, Holdings Channel reports. The fund owned 8,175 shares of the company’s stock after acquiring an additional 295 shares during the period. Canal Capital Management LLC’s holdings in SPDR Portfolio Emerging Markets ETF were worth $314,000 at the end of the most recent reporting period.
Several other large investors have also recently added to or reduced their stakes in SPEM. Headlands Technologies LLC bought a new position in shares of SPDR Portfolio Emerging Markets ETF in the 4th quarter valued at about $26,000. IMG Wealth Management Inc. bought a new position in SPDR Portfolio Emerging Markets ETF during the fourth quarter worth about $27,000. Compass Planning Associates Inc acquired a new position in SPDR Portfolio Emerging Markets ETF in the fourth quarter valued at about $28,000. Strategic Wealth Investment Group LLC bought a new position in shares of SPDR Portfolio Emerging Markets ETF during the 4th quarter valued at about $46,000. Finally, Bernard Wealth Management Corp. acquired a new position in shares of SPDR Portfolio Emerging Markets ETF in the 4th quarter valued at approximately $50,000.
SPDR Portfolio Emerging Markets ETF Stock Performance
Shares of SPEM opened at $37.74 on Monday. The firm has a market cap of $9.98 billion, a P/E ratio of 13.71 and a beta of 0.56. SPDR Portfolio Emerging Markets ETF has a twelve month low of $34.38 and a twelve month high of $42.88. The firm’s 50 day moving average price is $38.98 and its two-hundred day moving average price is $39.37.
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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