BayBridge Capital Group LLC grew its position in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM – Free Report) by 2.4% in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 68,243 shares of the company’s stock after acquiring an additional 1,569 shares during the quarter. SPDR Portfolio Emerging Markets ETF comprises approximately 1.9% of BayBridge Capital Group LLC’s portfolio, making the stock its 11th biggest position. BayBridge Capital Group LLC’s holdings in SPDR Portfolio Emerging Markets ETF were worth $2,917,000 at the end of the most recent quarter.
Other hedge funds have also recently modified their holdings of the company. Knuff & Co LLC acquired a new position in shares of SPDR Portfolio Emerging Markets ETF during the 1st quarter worth $29,000. Brooklyn Investment Group acquired a new position in SPDR Portfolio Emerging Markets ETF during the 1st quarter worth approximately $32,000. Wayfinding Financial LLC bought a new stake in shares of SPDR Portfolio Emerging Markets ETF in the 1st quarter valued at approximately $36,000. Tsfg LLC grew its stake in shares of SPDR Portfolio Emerging Markets ETF by 267.4% in the first quarter. Tsfg LLC now owns 992 shares of the company’s stock worth $39,000 after purchasing an additional 722 shares in the last quarter. Finally, Webster Bank N. A. acquired a new stake in shares of SPDR Portfolio Emerging Markets ETF in the second quarter valued at $40,000.
SPDR Portfolio Emerging Markets ETF Stock Performance
Shares of NYSEARCA SPEM opened at $46.26 on Friday. The business’s 50-day simple moving average is $44.74 and its 200-day simple moving average is $42.04. SPDR Portfolio Emerging Markets ETF has a 52 week low of $34.38 and a 52 week high of $47.21. The firm has a market cap of $13.46 billion, a price-to-earnings ratio of 15.39 and a beta of 0.68.
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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