SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) Stake Reduced by M&T Bank Corp

M&T Bank Corp lessened its stake in shares of SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) by 11.2% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 54,514 shares of the company’s stock after selling 6,903 shares during the period. M&T Bank Corp’s holdings in SPDR Portfolio Emerging Markets ETF were worth $2,092,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently bought and sold shares of the stock. LPL Financial LLC raised its holdings in SPDR Portfolio Emerging Markets ETF by 5.2% during the 3rd quarter. LPL Financial LLC now owns 9,644,278 shares of the company’s stock worth $398,116,000 after buying an additional 476,292 shares during the period. Allworth Financial LP raised its holdings in SPDR Portfolio Emerging Markets ETF by 3.0% during the 4th quarter. Allworth Financial LP now owns 6,486,557 shares of the company’s stock worth $250,381,000 after buying an additional 189,092 shares during the period. State Street Corp raised its holdings in SPDR Portfolio Emerging Markets ETF by 10.4% during the 3rd quarter. State Street Corp now owns 6,290,419 shares of the company’s stock worth $259,668,000 after buying an additional 591,019 shares during the period. Bank of New York Mellon Corp raised its holdings in SPDR Portfolio Emerging Markets ETF by 37.9% during the 4th quarter. Bank of New York Mellon Corp now owns 2,694,747 shares of the company’s stock worth $103,397,000 after buying an additional 740,980 shares during the period. Finally, Townsquare Capital LLC raised its holdings in SPDR Portfolio Emerging Markets ETF by 6.5% during the 3rd quarter. Townsquare Capital LLC now owns 2,154,446 shares of the company’s stock worth $88,936,000 after buying an additional 132,008 shares during the period.

SPDR Portfolio Emerging Markets ETF Trading Up 0.3 %

NYSEARCA SPEM opened at $39.95 on Monday. The stock’s 50-day moving average price is $38.93 and its two-hundred day moving average price is $39.51. The company has a market cap of $10.43 billion, a PE ratio of 14.32 and a beta of 0.66. SPDR Portfolio Emerging Markets ETF has a 1 year low of $35.00 and a 1 year high of $42.88.

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.