Kestra Investment Management LLC Raises Stock Position in SPDR Portfolio Emerging Markets ETF $SPEM

Kestra Investment Management LLC grew its position in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) by 10.8% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 355,532 shares of the company’s stock after buying an additional 34,517 shares during the period. Kestra Investment Management LLC owned 0.12% of SPDR Portfolio Emerging Markets ETF worth $15,195,000 as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in SPEM. Knuff & Co LLC acquired a new stake in SPDR Portfolio Emerging Markets ETF during the first quarter worth $29,000. Brooklyn Investment Group acquired a new stake in shares of SPDR Portfolio Emerging Markets ETF during the 1st quarter worth about $32,000. Sachetta LLC raised its holdings in SPDR Portfolio Emerging Markets ETF by 2,263.9% in the 2nd quarter. Sachetta LLC now owns 851 shares of the company’s stock valued at $36,000 after buying an additional 815 shares during the period. Webster Bank N. A. acquired a new position in SPDR Portfolio Emerging Markets ETF in the second quarter valued at about $40,000. Finally, Addison Advisors LLC purchased a new position in SPDR Portfolio Emerging Markets ETF during the second quarter worth about $49,000.

SPDR Portfolio Emerging Markets ETF Price Performance

Shares of SPEM opened at $46.84 on Friday. The firm has a 50-day simple moving average of $47.15 and a two-hundred day simple moving average of $45.03. The stock has a market cap of $14.46 billion, a PE ratio of 15.39 and a beta of 0.56. SPDR Portfolio Emerging Markets ETF has a 1-year low of $34.38 and a 1-year high of $48.56.

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.