Cercano Management LLC Buys New Holdings in SPDR Portfolio Emerging Markets ETF $SPEM

Cercano Management LLC purchased a new position in shares of SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund purchased 32,275 shares of the company’s stock, valued at approximately $1,511,000.

A number of other large investors also recently modified their holdings of SPEM. Hantz Financial Services Inc. lifted its position in shares of SPDR Portfolio Emerging Markets ETF by 2,031.0% during the 3rd 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 last quarter. First Horizon Corp acquired a new position in shares of SPDR Portfolio Emerging Markets ETF during the 3rd quarter worth about $29,000. Stone House Investment Management LLC purchased a new position in shares of SPDR Portfolio Emerging Markets ETF in the 3rd quarter valued at about $40,000. Addison Advisors LLC acquired a new stake in shares of SPDR Portfolio Emerging Markets ETF during the 2nd quarter worth about $49,000. Finally, Blue Trust Inc. lifted its stake in SPDR Portfolio Emerging Markets ETF by 539.1% during the third quarter. Blue Trust Inc. now owns 1,227 shares of the company’s stock worth $57,000 after purchasing an additional 1,035 shares during the last quarter.

SPDR Portfolio Emerging Markets ETF Trading Up 0.0%

SPEM stock opened at $50.28 on Wednesday. The stock has a market cap of $16.79 billion, a P/E ratio of 15.39 and a beta of 0.56. SPDR Portfolio Emerging Markets ETF has a twelve month low of $34.38 and a twelve month high of $51.05. The company’s 50 day moving average is $48.44 and its two-hundred day moving average is $47.00.

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.