SPDR Portfolio Emerging Markets ETF $SPEM Holdings Increased by Midwest Capital Advisors LLC

Midwest Capital Advisors LLC grew its holdings in shares of SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) by 81.6% during the 2nd quarter, Holdings Channel reports. The institutional investor owned 268,640 shares of the company’s stock after acquiring an additional 120,677 shares during the quarter. SPDR Portfolio Emerging Markets ETF makes up 6.1% of Midwest Capital Advisors LLC’s holdings, making the stock its 5th biggest holding. Midwest Capital Advisors LLC’s holdings in SPDR Portfolio Emerging Markets ETF were worth $11,482,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Knuff & Co LLC bought a new stake in SPDR Portfolio Emerging Markets ETF in the first quarter worth about $29,000. Brooklyn Investment Group bought a new stake in SPDR Portfolio Emerging Markets ETF in the first quarter worth about $32,000. Sachetta LLC lifted its stake in SPDR Portfolio Emerging Markets ETF by 2,263.9% in the second quarter. Sachetta LLC now owns 851 shares of the company’s stock worth $36,000 after purchasing an additional 815 shares during the last quarter. Webster Bank N. A. bought a new stake in SPDR Portfolio Emerging Markets ETF in the second quarter worth about $40,000. Finally, Wayfinding Financial LLC bought a new stake in SPDR Portfolio Emerging Markets ETF in the first quarter worth about $36,000.

SPDR Portfolio Emerging Markets ETF Price Performance

Shares of NYSEARCA SPEM opened at $45.45 on Friday. The company has a market cap of $13.98 billion, a P/E ratio of 15.39 and a beta of 0.68. SPDR Portfolio Emerging Markets ETF has a 1 year low of $34.38 and a 1 year high of $47.67. The firm has a 50-day simple moving average of $45.42 and a two-hundred day simple moving average of $42.52.

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.