SPDR Portfolio Emerging Markets ETF $SPEM Shares Purchased by Cwm LLC

Cwm LLC lifted its holdings in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) by 12.0% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 2,190,512 shares of the company’s stock after acquiring an additional 234,635 shares during the quarter. Cwm LLC owned 0.76% of SPDR Portfolio Emerging Markets ETF worth $93,622,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Golden State Wealth Management LLC increased its stake in shares of SPDR Portfolio Emerging Markets ETF by 66.1% in the first quarter. Golden State Wealth Management LLC now owns 7,133 shares of the company’s stock worth $281,000 after acquiring an additional 2,839 shares during the period. ORBA Wealth Advisors L.L.C. increased its stake in shares of SPDR Portfolio Emerging Markets ETF by 12.3% in the first quarter. ORBA Wealth Advisors L.L.C. now owns 108,024 shares of the company’s stock worth $4,253,000 after acquiring an additional 11,790 shares during the period. Focus Financial Network Inc. increased its stake in shares of SPDR Portfolio Emerging Markets ETF by 3.8% in the second quarter. Focus Financial Network Inc. now owns 7,195 shares of the company’s stock worth $307,000 after acquiring an additional 263 shares during the period. Truist Financial Corp increased its stake in shares of SPDR Portfolio Emerging Markets ETF by 10.1% in the second quarter. Truist Financial Corp now owns 96,702 shares of the company’s stock worth $4,133,000 after acquiring an additional 8,909 shares during the period. Finally, Golden State Equity Partners acquired a new stake in shares of SPDR Portfolio Emerging Markets ETF in the first quarter worth $1,102,000.

SPDR Portfolio Emerging Markets ETF Price Performance

NYSEARCA:SPEM opened at $45.45 on Friday. The firm has a market capitalization of $13.98 billion, a P/E ratio of 15.39 and a beta of 0.68. SPDR Portfolio Emerging Markets ETF has a 1-year low of $34.38 and a 1-year high of $47.67. The company’s fifty day moving average price is $45.42 and its 200-day moving average price is $42.52.

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.