SPDR Portfolio Emerging Markets ETF $SPEM Shares Newly Bought by Sound Financial Strategies Group LLC

Sound Financial Strategies Group LLC purchased a new stake in shares of SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) during the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund purchased 24,611 shares of the company’s stock, valued at approximately $1,274,000.

Other hedge funds and other institutional investors also recently modified their holdings of the company. State Street Corp raised its stake in SPDR Portfolio Emerging Markets ETF by 6.7% in the second quarter. State Street Corp now owns 5,231,398 shares of the company’s stock worth $270,882,000 after buying an additional 329,626 shares in the last quarter. Vantagepoint Investment Advisers LLC bought a new stake in SPDR Portfolio Emerging Markets ETF during the 3rd quarter valued at approximately $130,375,000. Envestnet Portfolio Solutions Inc. boosted its position in SPDR Portfolio Emerging Markets ETF by 12.6% during the 2nd quarter. Envestnet Portfolio Solutions Inc. now owns 2,123,055 shares of the company’s stock valued at $109,932,000 after acquiring an additional 237,526 shares in the last quarter. Royal Bank of Canada boosted its position in SPDR Portfolio Emerging Markets ETF by 8.1% during the 1st quarter. Royal Bank of Canada now owns 1,155,291 shares of the company’s stock valued at $54,194,000 after acquiring an additional 86,967 shares in the last quarter. Finally, NewEdge Advisors LLC grew its holdings in shares of SPDR Portfolio Emerging Markets ETF by 30.3% during the 2nd quarter. NewEdge Advisors LLC now owns 879,360 shares of the company’s stock worth $45,533,000 after acquiring an additional 204,270 shares during the period.

SPDR Portfolio Emerging Markets ETF Stock Performance

SPEM stock opened at $49.20 on Thursday. SPDR Portfolio Emerging Markets ETF has a fifty-two week low of $45.28 and a fifty-two week high of $53.54. The company has a market capitalization of $16.36 billion, a price-to-earnings ratio of 15.39 and a beta of 0.63. The business’s 50 day moving average price is $51.61 and its two-hundred day moving average price is $50.72.

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.