SPDR Portfolio Emerging Markets ETF $SPEM Shares Bought by PNC Financial Services Group Inc.

PNC Financial Services Group Inc. grew its holdings in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) by 8.5% in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 479,948 shares of the company’s stock after buying an additional 37,408 shares during the quarter. PNC Financial Services Group Inc.’s holdings in SPDR Portfolio Emerging Markets ETF were worth $22,514,000 at the end of the most recent quarter.

A number of other institutional investors have also recently modified their holdings of the business. Midwest Capital Advisors LLC increased its holdings in SPDR Portfolio Emerging Markets ETF by 33.3% in the fourth quarter. Midwest Capital Advisors LLC now owns 407,988 shares of the company’s stock valued at $19,098,000 after buying an additional 101,817 shares in the last quarter. Brooklyn FI LLC raised its holdings in SPDR Portfolio Emerging Markets ETF by 19.9% during the fourth quarter. Brooklyn FI LLC now owns 144,230 shares of the company’s stock worth $6,751,000 after purchasing an additional 23,983 shares during the last quarter. McNamara Financial Services Inc. raised its holdings in SPDR Portfolio Emerging Markets ETF by 1.6% during the fourth quarter. McNamara Financial Services Inc. now owns 869,793 shares of the company’s stock worth $40,715,000 after purchasing an additional 13,566 shares during the last quarter. Lunt Capital Management Inc. purchased a new stake in SPDR Portfolio Emerging Markets ETF during the fourth quarter worth $569,000. Finally, Forefront Wealth Partners LLC boosted its position in SPDR Portfolio Emerging Markets ETF by 28.8% during the fourth quarter. Forefront Wealth Partners LLC now owns 52,564 shares of the company’s stock worth $2,461,000 after purchasing an additional 11,756 shares in the last quarter.

SPDR Portfolio Emerging Markets ETF Stock Performance

SPDR Portfolio Emerging Markets ETF stock opened at $50.16 on Friday. The firm has a market capitalization of $16.98 billion, a price-to-earnings ratio of 15.39 and a beta of 0.60. SPDR Portfolio Emerging Markets ETF has a fifty-two week low of $42.66 and a fifty-two week high of $53.54. The stock’s fifty day moving average is $51.58 and its two-hundred day moving average is $50.09.

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.