SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) Short Interest Update

SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) saw a significant drop in short interest in December. As of December 15th, there was short interest totaling 1,651,355 shares, a drop of 58.4% from the November 30th total of 3,969,831 shares. Approximately 0.5% of the company’s stock are short sold. Based on an average trading volume of 2,178,031 shares, the short-interest ratio is currently 0.8 days. Based on an average trading volume of 2,178,031 shares, the short-interest ratio is currently 0.8 days. Approximately 0.5% of the company’s stock are short sold.

Hedge Funds Weigh In On SPDR Portfolio Emerging Markets ETF

Institutional investors and hedge funds have recently made changes to their positions in the business. Creative Planning increased its stake in shares of SPDR Portfolio Emerging Markets ETF by 0.9% in the second quarter. Creative Planning now owns 22,882,892 shares of the company’s stock worth $978,015,000 after buying an additional 208,911 shares during the last quarter. Charles Schwab Investment Management Inc. boosted its stake in SPDR Portfolio Emerging Markets ETF by 6,487.0% during the 2nd quarter. Charles Schwab Investment Management Inc. now owns 10,916,062 shares of the company’s stock valued at $466,552,000 after acquiring an additional 10,750,340 shares during the last quarter. Allworth Financial LP grew its holdings in SPDR Portfolio Emerging Markets ETF by 38.5% during the 3rd quarter. Allworth Financial LP now owns 9,261,432 shares of the company’s stock worth $433,528,000 after acquiring an additional 2,572,333 shares in the last quarter. Envestnet Asset Management Inc. increased its position in shares of SPDR Portfolio Emerging Markets ETF by 7.1% in the 3rd quarter. Envestnet Asset Management Inc. now owns 6,946,967 shares of the company’s stock worth $325,188,000 after purchasing an additional 462,591 shares during the last quarter. Finally, Ameriprise Financial Inc. increased its position in shares of SPDR Portfolio Emerging Markets ETF by 5.5% in the 2nd quarter. Ameriprise Financial Inc. now owns 5,339,952 shares of the company’s stock worth $228,232,000 after purchasing an additional 279,126 shares during the last quarter.

SPDR Portfolio Emerging Markets ETF Stock Performance

NYSEARCA:SPEM opened at $46.73 on Friday. The stock has a market cap of $14.43 billion, a price-to-earnings ratio of 15.39 and a beta of 0.56. SPDR Portfolio Emerging Markets ETF has a one year low of $34.38 and a one year high of $48.56. The business’s 50-day simple moving average is $47.11 and its 200 day simple moving average is $45.33.

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.