Vantagepoint Investment Advisers LLC acquired a new position in shares of SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM – Free Report) in the 3rd quarter, HoldingsChannel.com reports. The firm acquired 2,518,842 shares of the company’s stock, valued at approximately $130,375,000.
A number of other hedge funds and other institutional investors also recently bought and sold shares of SPEM. State Street Corp boosted its stake in SPDR Portfolio Emerging Markets ETF by 6.7% in the second quarter. State Street Corp now owns 5,231,398 shares of the company’s stock valued at $270,882,000 after acquiring an additional 329,626 shares in the last quarter. Envestnet Portfolio Solutions Inc. grew its holdings in SPDR Portfolio Emerging Markets ETF by 12.6% in the second quarter. Envestnet Portfolio Solutions Inc. now owns 2,123,055 shares of the company’s stock worth $109,932,000 after purchasing an additional 237,526 shares during the last quarter. Royal Bank of Canada increased its position in shares of SPDR Portfolio Emerging Markets ETF by 8.1% during the first quarter. Royal Bank of Canada now owns 1,155,291 shares of the company’s stock worth $54,194,000 after purchasing an additional 86,967 shares in the last quarter. Private Advisor Group LLC increased its position in shares of SPDR Portfolio Emerging Markets ETF by 8.1% during the first quarter. Private Advisor Group LLC now owns 1,119,846 shares of the company’s stock worth $52,532,000 after purchasing an additional 83,733 shares in the last quarter. Finally, NewEdge Advisors LLC increased its position in shares of SPDR Portfolio Emerging Markets ETF by 30.3% during the second quarter. NewEdge Advisors LLC now owns 879,360 shares of the company’s stock worth $45,533,000 after purchasing an additional 204,270 shares in the last quarter.
SPDR Portfolio Emerging Markets ETF Trading Down 0.6%
Shares of SPEM opened at $49.36 on Tuesday. SPDR Portfolio Emerging Markets ETF has a 12 month low of $45.28 and a 12 month high of $53.54. The stock has a fifty day moving average price of $52.11 and a 200-day moving average price of $50.69. The firm has a market cap of $16.42 billion, a PE ratio of 15.39 and a beta of 0.61.
SPDR Portfolio Emerging Markets ETF 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.
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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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