Kavar Capital Partners Group LLC acquired a new stake in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM – Free Report) in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm acquired 4,730 shares of the company’s stock, valued at approximately $202,000.
Several other hedge funds and other institutional investors have also made changes to their positions in SPEM. Knuff & Co LLC purchased a new position in shares of SPDR Portfolio Emerging Markets ETF in the 1st quarter valued at about $29,000. Brooklyn Investment Group purchased a new position in shares of SPDR Portfolio Emerging Markets ETF in the 1st quarter valued at about $32,000. Wayfinding Financial LLC purchased a new position in shares of SPDR Portfolio Emerging Markets ETF in the 1st quarter valued at about $36,000. Tsfg LLC boosted its stake in shares of SPDR Portfolio Emerging Markets ETF by 267.4% in the 1st quarter. Tsfg LLC now owns 992 shares of the company’s stock valued at $39,000 after buying an additional 722 shares during the period. Finally, Webster Bank N. A. purchased a new stake in SPDR Portfolio Emerging Markets ETF during the second quarter worth approximately $40,000.
SPDR Portfolio Emerging Markets ETF Stock Up 0.8%
SPEM stock opened at $46.63 on Tuesday. The business has a 50 day moving average price of $44.79 and a 200 day moving average price of $42.11. The stock has a market cap of $13.57 billion, a price-to-earnings ratio of 15.39 and a beta of 0.68. SPDR Portfolio Emerging Markets ETF has a fifty-two week low of $34.38 and a fifty-two week high of $47.21.
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.
Further Reading
- Five stocks we like better than SPDR Portfolio Emerging Markets ETF
- How to invest in marijuana stocks in 7 steps
- Tesla Earnings Loom: Bulls Eye $600, Bears Warn of $300
- Growth Investing: Should You Adopt This Investing Strategy in 2022?
- Cathie Wood Buys Alibaba and Baidu: Momentum or More Value Ahead?
- What Are Trending Stocks? Trending Stocks Explained
- This ETF Weeds Out Small-Cap Underperformers
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.
