94,066 Shares of SPDR Portfolio Emerging Markets ETF $SPEM Acquired by Optas LLC

Optas LLC acquired a new position in shares of SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) during the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund acquired 94,066 shares of the company’s stock, valued at approximately $4,869,000. SPDR Portfolio Emerging Markets ETF comprises about 0.7% of Optas LLC’s portfolio, making the stock its 22nd biggest position.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in the stock. Silver Grove Financial Group Inc. lifted its stake in shares of SPDR Portfolio Emerging Markets ETF by 933.3% in the 3rd quarter. Silver Grove Financial Group Inc. now owns 589 shares of the company’s stock valued at $30,000 after purchasing an additional 532 shares during the last quarter. Robinswood Financial LLC bought a new position in shares of SPDR Portfolio Emerging Markets ETF during the 1st quarter valued at approximately $32,000. Align Financial LLC bought a new position in shares of SPDR Portfolio Emerging Markets ETF during the 3rd quarter valued at approximately $32,000. Independence Bank of Kentucky bought a new position in shares of SPDR Portfolio Emerging Markets ETF during the 3rd quarter valued at approximately $35,000. Finally, Bell Investment Advisors Inc bought a new position in shares of SPDR Portfolio Emerging Markets ETF during the 3rd quarter valued at approximately $57,000.

SPDR Portfolio Emerging Markets ETF Trading Down 0.1%

NYSEARCA:SPEM traded down $0.04 during midday trading on Friday, hitting $49.11. 1,626,630 shares of the company traded hands, compared to its average volume of 2,491,252. The firm’s fifty day moving average is $51.07 and its 200-day moving average is $50.71. SPDR Portfolio Emerging Markets ETF has a 12-month low of $45.28 and a 12-month high of $53.54. The firm has a market capitalization of $16.33 billion, a P/E ratio of 14.73 and a beta of 0.63.

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.