WBH Advisory Inc. increased its position in shares of SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM – Free Report) by 71.4% during the second quarter, Holdings Channel reports. The institutional investor owned 86,684 shares of the company’s stock after purchasing an additional 36,107 shares during the quarter. WBH Advisory Inc.’s holdings in SPDR Portfolio Emerging Markets ETF were worth $3,705,000 as of its most recent filing with the Securities & Exchange Commission.
Other institutional investors have also added to or reduced their stakes in the company. Knuff & Co LLC acquired a new stake in SPDR Portfolio Emerging Markets ETF during the first quarter worth about $29,000. Brooklyn Investment Group acquired a new stake in SPDR Portfolio Emerging Markets ETF during the first quarter worth about $32,000. Wayfinding Financial LLC acquired a new stake in SPDR Portfolio Emerging Markets ETF during the first quarter valued at approximately $36,000. Sachetta LLC grew its stake in shares of SPDR Portfolio Emerging Markets ETF by 2,263.9% in the 2nd quarter. Sachetta LLC now owns 851 shares of the company’s stock valued at $36,000 after purchasing an additional 815 shares during the period. Finally, Tsfg LLC grew 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 purchasing an additional 722 shares during the period.
SPDR Portfolio Emerging Markets ETF Trading Down 0.1%
SPEM stock opened at $47.05 on Monday. SPDR Portfolio Emerging Markets ETF has a 1-year low of $34.38 and a 1-year high of $47.67. The firm has a market cap of $14.47 billion, a P/E ratio of 15.39 and a beta of 0.68. The business’s 50 day moving average is $45.75 and its 200-day moving average is $42.80.
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.
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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).
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