Quent Capital LLC Reduces Holdings in SPDR Portfolio Emerging Markets ETF $SPEM

Quent Capital LLC reduced its holdings in shares of SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) by 5.8% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 58,515 shares of the company’s stock after selling 3,571 shares during the quarter. Quent Capital LLC’s holdings in SPDR Portfolio Emerging Markets ETF were worth $2,501,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also recently added to or reduced their stakes in the company. Knuff & Co LLC purchased a new position in SPDR Portfolio Emerging Markets ETF during the 1st quarter valued at about $29,000. Brooklyn Investment Group purchased a new stake in shares of SPDR Portfolio Emerging Markets ETF during the first quarter worth about $32,000. Webster Bank N. A. purchased a new stake in shares of SPDR Portfolio Emerging Markets ETF during the second quarter worth about $40,000. Wayfinding Financial LLC purchased a new stake in shares of SPDR Portfolio Emerging Markets ETF during the first quarter worth about $36,000. Finally, Tsfg LLC grew its holdings in shares of SPDR Portfolio Emerging Markets ETF by 267.4% during the first quarter. Tsfg LLC now owns 992 shares of the company’s stock worth $39,000 after buying an additional 722 shares in the last quarter.

SPDR Portfolio Emerging Markets ETF Price Performance

Shares of NYSEARCA SPEM opened at $47.35 on Friday. The company has a market cap of $14.56 billion, a PE ratio of 15.39 and a beta of 0.68. SPDR Portfolio Emerging Markets ETF has a 12 month low of $34.38 and a 12 month high of $47.44. The company has a 50-day simple moving average of $45.05 and a 200-day simple moving average of $42.27.

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.