Verdence Capital Advisors LLC boosted its position in shares of SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM – Free Report) by 26.0% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 7,788 shares of the company’s stock after purchasing an additional 1,607 shares during the quarter. Verdence Capital Advisors LLC’s holdings in SPDR Portfolio Emerging Markets ETF were worth $276,000 as of its most recent filing with the Securities and Exchange Commission.
Several other institutional investors and hedge funds have also recently added to or reduced their stakes in SPEM. Anchor Investment Management LLC bought a new stake in shares of SPDR Portfolio Emerging Markets ETF in the 4th quarter valued at about $28,000. Carmichael Hill & Associates Inc. bought a new stake in shares of SPDR Portfolio Emerging Markets ETF in the 3rd quarter valued at about $32,000. FinTrust Capital Advisors LLC bought a new stake in shares of SPDR Portfolio Emerging Markets ETF in the 3rd quarter valued at about $36,000. NBC Securities Inc. bought a new stake in shares of SPDR Portfolio Emerging Markets ETF in the 3rd quarter valued at about $50,000. Finally, Tsfg LLC bought a new stake in shares of SPDR Portfolio Emerging Markets ETF in the 4th quarter valued at about $70,000.
SPDR Portfolio Emerging Markets ETF Price Performance
Shares of SPEM stock opened at $35.99 on Wednesday. The stock has a market cap of $8.54 billion, a PE ratio of 12.11 and a beta of 0.78. The stock has a 50-day moving average of $35.93 and a 200-day moving average of $34.85. SPDR Portfolio Emerging Markets ETF has a one year low of $32.06 and a one year high of $37.06.
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.
Recommended Stories
- Five stocks we like better than SPDR Portfolio Emerging Markets ETF
- 5 discounted opportunities for dividend growth investors
- Duolingo Speaks the Language of Growth for Investors
- 3 Small Caps With Big Return Potential
- United Parcel Service Is Setting Up for Another Fall
- The How And Why of Investing in Oil Stocks
- Crane Stock’s Quarter On-Track For a Bullish Year?
Want to see what other hedge funds are holding SPEM? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM – Free Report).
Receive News & Ratings for SPDR Portfolio Emerging Markets ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for SPDR Portfolio Emerging Markets ETF and related companies with MarketBeat.com's FREE daily email newsletter.
