JPMorgan Chase & Co. raised its position in shares of SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM – Free Report) by 82.8% in the third quarter, Holdings Channel reports. The firm owned 1,815,376 shares of the company’s stock after acquiring an additional 822,327 shares during the quarter. JPMorgan Chase & Co.’s holdings in SPDR Portfolio Emerging Markets ETF were worth $84,978,000 as of its most recent SEC filing.
Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Hantz Financial Services Inc. grew its holdings in shares of SPDR Portfolio Emerging Markets ETF by 2,031.0% during the third quarter. Hantz Financial Services Inc. now owns 618 shares of the company’s stock valued at $27,000 after buying an additional 589 shares during the last quarter. First Horizon Corp bought a new position in SPDR Portfolio Emerging Markets ETF in the 3rd quarter valued at approximately $29,000. Stone House Investment Management LLC purchased a new stake in SPDR Portfolio Emerging Markets ETF during the 3rd quarter valued at $40,000. Addison Advisors LLC bought a new stake in shares of SPDR Portfolio Emerging Markets ETF in the 2nd quarter worth $49,000. Finally, Blue Trust Inc. increased its holdings in shares of SPDR Portfolio Emerging Markets ETF by 539.1% in the 3rd quarter. Blue Trust Inc. now owns 1,227 shares of the company’s stock worth $57,000 after purchasing an additional 1,035 shares in the last quarter.
SPDR Portfolio Emerging Markets ETF Price Performance
SPEM stock opened at $50.45 on Tuesday. The stock has a market capitalization of $16.85 billion, a P/E 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 $51.05. The business has a fifty day moving average price of $48.71 and a 200-day moving average price of $47.20.
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.
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Want to see what other hedge funds are holding SPEM? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM – Free Report).
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