SPDR Portfolio Emerging Markets ETF $SPEM Position Raised by Securian Asset Management Inc.

Securian Asset Management Inc. raised its stake in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) by 11.3% during the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 177,360 shares of the company’s stock after buying an additional 18,000 shares during the quarter. Securian Asset Management Inc.’s holdings in SPDR Portfolio Emerging Markets ETF were worth $8,302,000 as of its most recent filing with the SEC.

Other hedge funds also recently added to or reduced their stakes in the company. Hantz Financial Services Inc. lifted its stake 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 valued at $27,000 after buying an additional 589 shares during the last quarter. First Horizon Corp bought a new stake in SPDR Portfolio Emerging Markets ETF in the third quarter valued at $29,000. Front Row Advisors LLC raised its stake in shares of SPDR Portfolio Emerging Markets ETF by 147.9% during the third quarter. Front Row Advisors LLC now owns 771 shares of the company’s stock valued at $36,000 after purchasing an additional 460 shares in the last quarter. Stone House Investment Management LLC bought a new stake in shares of SPDR Portfolio Emerging Markets ETF during the third quarter valued at about $40,000. Finally, Signaturefd LLC bought a new stake in shares of SPDR Portfolio Emerging Markets ETF during the fourth quarter valued at about $40,000.

SPDR Portfolio Emerging Markets ETF Price Performance

Shares of NYSEARCA SPEM opened at $52.62 on Monday. SPDR Portfolio Emerging Markets ETF has a fifty-two week low of $40.31 and a fifty-two week high of $53.03. The firm’s 50-day simple moving average is $48.80 and its 200 day simple moving average is $48.32. The stock has a market cap of $18.04 billion, a P/E ratio of 15.39 and a beta of 0.60.

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.