ERn Financial LLC grew its position in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM – Free Report) by 0.6% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 392,585 shares of the company’s stock after purchasing an additional 2,480 shares during the period. SPDR Portfolio Emerging Markets ETF comprises about 2.5% of ERn Financial LLC’s holdings, making the stock its 9th largest position. ERn Financial LLC owned approximately 0.17% of SPDR Portfolio Emerging Markets ETF worth $16,206,000 at the end of the most recent reporting period.
A number of other hedge funds and other institutional investors also recently made changes to their positions in SPEM. Cetera Investment Advisers increased its holdings in SPDR Portfolio Emerging Markets ETF by 282.1% in the first quarter. Cetera Investment Advisers now owns 1,380,536 shares of the company’s stock worth $49,962,000 after buying an additional 1,019,272 shares during the last quarter. Koss Olinger Consulting LLC acquired a new position in shares of SPDR Portfolio Emerging Markets ETF during the 2nd quarter worth $30,376,000. Jane Street Group LLC increased its stake in shares of SPDR Portfolio Emerging Markets ETF by 44.4% during the 1st quarter. Jane Street Group LLC now owns 2,431,196 shares of the company’s stock worth $87,985,000 after purchasing an additional 747,277 shares during the last quarter. Raymond James Financial Services Advisors Inc. raised its holdings in shares of SPDR Portfolio Emerging Markets ETF by 83.8% during the 2nd quarter. Raymond James Financial Services Advisors Inc. now owns 1,579,201 shares of the company’s stock valued at $59,488,000 after purchasing an additional 719,833 shares in the last quarter. Finally, Heritage Family Offices LLP acquired a new stake in shares of SPDR Portfolio Emerging Markets ETF in the 2nd quarter valued at $16,671,000.
SPDR Portfolio Emerging Markets ETF Trading Down 2.0 %
Shares of NYSEARCA:SPEM opened at $40.57 on Wednesday. The stock has a market capitalization of $9.63 billion, a PE ratio of 13.05 and a beta of 0.81. SPDR Portfolio Emerging Markets ETF has a 1 year low of $32.06 and a 1 year high of $42.88. The firm has a fifty day moving average price of $39.29 and a 200 day moving average price of $38.12.
SPDR Portfolio Emerging Markets ETF 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.
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