Ocean Park Asset Management LLC purchased a new stake in shares of SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM – Free Report) during the second quarter, Holdings Channel reports. The firm purchased 17,982 shares of the company’s stock, valued at approximately $931,000.
Other hedge funds and other institutional investors have also recently modified their holdings of the company. First Command Advisory Services Inc. purchased a new position in shares of SPDR Portfolio Emerging Markets ETF during the 4th quarter valued at about $26,000. Ascentis Independent Advisors bought a new position in SPDR Portfolio Emerging Markets ETF during the first quarter valued at approximately $27,000. Robinswood Financial LLC purchased a new position in shares of SPDR Portfolio Emerging Markets ETF during the first quarter worth approximately $32,000. Safe Harbor Fiduciary LLC purchased a new position in shares of SPDR Portfolio Emerging Markets ETF during the fourth quarter worth approximately $32,000. Finally, Front Row Advisors LLC lifted its holdings in shares of SPDR Portfolio Emerging Markets ETF by 147.9% in the 3rd quarter. Front Row Advisors LLC now owns 771 shares of the company’s stock worth $36,000 after acquiring an additional 460 shares during the last quarter.
SPDR Portfolio Emerging Markets ETF Stock Performance
Shares of SPDR Portfolio Emerging Markets ETF stock opened at $52.12 on Wednesday. SPDR Portfolio Emerging Markets ETF has a 52-week low of $43.86 and a 52-week high of $53.54. The company has a fifty day moving average of $51.44 and a 200-day moving average of $50.33. The stock has a market capitalization of $17.64 billion, a price-to-earnings ratio of 15.39 and a beta of 0.60.
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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