Rosenberg Matthew Hamilton Acquires 28,259 Shares of SPDR Portfolio Emerging Markets ETF $SPEM

Rosenberg Matthew Hamilton bought a new stake in shares of SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) in the 3rd quarter, HoldingsChannel reports. The fund bought 28,259 shares of the company’s stock, valued at approximately $1,463,000.

A number of other hedge funds also recently made changes to their positions in the business. FC Advisory LLC purchased a new stake in SPDR Portfolio Emerging Markets ETF during the third quarter worth about $261,000. QRG Capital Management Inc. boosted its stake in SPDR Portfolio Emerging Markets ETF by 61.1% in the second quarter. QRG Capital Management Inc. now owns 45,034 shares of the company’s stock valued at $2,332,000 after acquiring an additional 17,087 shares during the last quarter. Envestnet Portfolio Solutions Inc. grew its position in shares of 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 during the period. State Street Corp grew its position in shares of SPDR Portfolio Emerging Markets ETF by 6.7% during the 2nd quarter. State Street Corp now owns 5,231,398 shares of the company’s stock valued at $270,882,000 after acquiring an additional 329,626 shares during the period. Finally, Capital Analysts LLC increased its stake in shares of SPDR Portfolio Emerging Markets ETF by 2.5% during the 2nd quarter. Capital Analysts LLC now owns 355,182 shares of the company’s stock worth $18,392,000 after purchasing an additional 8,799 shares during the last quarter.

SPDR Portfolio Emerging Markets ETF Trading Up 1.8%

Shares of SPEM stock traded up $0.91 during trading hours on Monday, hitting $52.82. 1,433,209 shares of the company were exchanged, compared to its average volume of 2,552,256. The stock has a market capitalization of $17.83 billion, a price-to-earnings ratio of 15.39 and a beta of 0.61. The firm has a fifty day simple moving average of $52.15 and a 200 day simple moving average of $51.12. SPDR Portfolio Emerging Markets ETF has a 52-week low of $45.28 and a 52-week high of $53.54.

About SPDR Portfolio Emerging Markets ETF

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.