21,547 Shares of SPDR Portfolio Emerging Markets ETF $SPEM Bought by Tennessee Valley Asset Management Partners

Tennessee Valley Asset Management Partners acquired a new stake in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 21,547 shares of the company’s stock, valued at approximately $1,115,000.

Several other hedge funds and other institutional investors have also recently bought and sold shares of SPEM. State Street Corp boosted its holdings in SPDR Portfolio Emerging Markets ETF by 6.7% in the 2nd quarter. State Street Corp now owns 5,231,398 shares of the company’s stock valued at $270,882,000 after purchasing an additional 329,626 shares during the last quarter. Vantagepoint Investment Advisers LLC purchased a new stake in shares of SPDR Portfolio Emerging Markets ETF during the 3rd quarter valued at approximately $130,375,000. Envestnet Portfolio Solutions Inc. lifted its holdings in SPDR Portfolio Emerging Markets ETF by 12.6% in the second 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 last quarter. Royal Bank of Canada lifted its holdings in SPDR Portfolio Emerging Markets ETF by 8.1% in the first 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 during the last quarter. Finally, NewEdge Advisors LLC lifted its holdings in SPDR Portfolio Emerging Markets ETF by 30.3% in the second quarter. NewEdge Advisors LLC now owns 879,360 shares of the company’s stock valued at $45,533,000 after acquiring an additional 204,270 shares during the last quarter.

SPDR Portfolio Emerging Markets ETF Trading Up 1.7%

SPDR Portfolio Emerging Markets ETF stock traded up $0.80 during mid-day trading on Friday, hitting $48.22. The company’s stock had a trading volume of 3,249,015 shares, compared to its average volume of 2,505,306. The firm has a market capitalization of $16.04 billion, a PE ratio of 15.39 and a beta of 0.63. SPDR Portfolio Emerging Markets ETF has a 1 year low of $45.28 and a 1 year high of $53.54. The stock’s fifty day moving average is $51.42 and its two-hundred day moving average is $50.71.

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.