Waterloo Capital L.P. Makes New $393,000 Investment in SPDR Portfolio Emerging Markets ETF $SPEM

Waterloo Capital L.P. bought a new position in shares of SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm bought 9,200 shares of the company’s stock, valued at approximately $393,000.

Other institutional investors 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 valued at $29,000. Brooklyn Investment Group bought a new stake in shares of SPDR Portfolio Emerging Markets ETF during the 1st quarter worth $32,000. Sachetta LLC increased its stake in shares of SPDR Portfolio Emerging Markets ETF by 2,263.9% during the 2nd quarter. Sachetta LLC now owns 851 shares of the company’s stock worth $36,000 after purchasing an additional 815 shares during the last quarter. Webster Bank N. A. bought a new stake in shares of SPDR Portfolio Emerging Markets ETF in the second quarter valued at $40,000. Finally, Addison Advisors LLC purchased a new position in shares of SPDR Portfolio Emerging Markets ETF in the second quarter worth about $49,000.

SPDR Portfolio Emerging Markets ETF Price Performance

Shares of SPEM stock opened at $46.36 on Tuesday. SPDR Portfolio Emerging Markets ETF has a 1 year low of $34.38 and a 1 year high of $48.56. The company’s fifty day simple moving average is $47.10 and its two-hundred day simple moving average is $44.51. The stock has a market capitalization of $14.31 billion, a price-to-earnings ratio of 15.39 and a beta of 0.56.

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.