SPDR Portfolio Emerging Markets ETF $SPEM Shares Acquired by Rodgers & Associates LTD

Rodgers & Associates LTD raised its position in shares of SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) by 4.0% during the 3rd quarter, HoldingsChannel reports. The institutional investor owned 360,306 shares of the company’s stock after purchasing an additional 13,806 shares during the quarter. SPDR Portfolio Emerging Markets ETF comprises about 1.7% of Rodgers & Associates LTD’s investment portfolio, making the stock its 23rd largest position. Rodgers & Associates LTD’s holdings in SPDR Portfolio Emerging Markets ETF were worth $16,866,000 at the end of the most recent reporting period.

Several other hedge funds also recently made changes to their positions in SPEM. Hantz Financial Services Inc. boosted its holdings in SPDR Portfolio Emerging Markets ETF by 2,031.0% in the third quarter. Hantz Financial Services Inc. now owns 618 shares of the company’s stock worth $27,000 after purchasing an additional 589 shares during the period. First Horizon Corp acquired a new position in shares of SPDR Portfolio Emerging Markets ETF in the 3rd quarter valued at about $29,000. Stone House Investment Management LLC acquired a new stake in SPDR Portfolio Emerging Markets ETF during the third quarter worth about $40,000. Addison Advisors LLC bought a new position in SPDR Portfolio Emerging Markets ETF in the second quarter worth about $49,000. Finally, Blue Trust Inc. boosted its stake in SPDR Portfolio Emerging Markets ETF by 539.1% in the third quarter. Blue Trust Inc. now owns 1,227 shares of the company’s stock valued at $57,000 after acquiring an additional 1,035 shares during the period.

SPDR Portfolio Emerging Markets ETF Price Performance

NYSEARCA:SPEM opened at $49.25 on Friday. The firm has a market capitalization of $16.45 billion, a P/E ratio of 15.39 and a beta of 0.56. The business has a 50 day simple moving average of $47.90 and a 200 day simple moving average of $46.58. SPDR Portfolio Emerging Markets ETF has a 12-month low of $34.38 and a 12-month high of $50.58.

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.