SPDR Portfolio Emerging Markets ETF $SPEM Shares Bought by Sachetta LLC

Sachetta LLC grew its stake in shares of SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) by 2,263.9% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 851 shares of the company’s stock after acquiring an additional 815 shares during the period. Sachetta LLC’s holdings in SPDR Portfolio Emerging Markets ETF were worth $36,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also modified their holdings of the business. LPL Financial LLC boosted its holdings in shares of SPDR Portfolio Emerging Markets ETF by 6.1% in the 1st quarter. LPL Financial LLC now owns 10,706,453 shares of the company’s stock valued at $421,513,000 after buying an additional 620,049 shares during the period. Allworth Financial LP boosted its holdings in shares of SPDR Portfolio Emerging Markets ETF by 1.2% in the 1st quarter. Allworth Financial LP now owns 6,567,549 shares of the company’s stock valued at $257,842,000 after buying an additional 80,992 shares during the period. Envestnet Asset Management Inc. boosted its holdings in shares of SPDR Portfolio Emerging Markets ETF by 7.8% in the 1st quarter. Envestnet Asset Management Inc. now owns 6,361,844 shares of the company’s stock valued at $250,466,000 after buying an additional 461,936 shares during the period. TIAA Trust National Association boosted its holdings in shares of SPDR Portfolio Emerging Markets ETF by 4.3% in the 1st quarter. TIAA Trust National Association now owns 6,065,716 shares of the company’s stock valued at $238,807,000 after buying an additional 252,016 shares during the period. Finally, Ameriprise Financial Inc. boosted its holdings in shares of SPDR Portfolio Emerging Markets ETF by 0.7% in the 1st quarter. Ameriprise Financial Inc. now owns 5,060,826 shares of the company’s stock valued at $199,231,000 after buying an additional 33,522 shares during the period.

SPDR Portfolio Emerging Markets ETF Stock Performance

NYSEARCA SPEM opened at $47.24 on Wednesday. SPDR Portfolio Emerging Markets ETF has a one year low of $34.38 and a one year high of $47.67. The company has a 50-day simple moving average of $45.20 and a 200-day simple moving average of $42.38. The firm has a market capitalization of $14.53 billion, a PE ratio of 15.39 and a beta of 0.68.

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.