Quent Long Short Global Small Cap Fund LP Purchases Shares of 55,849 SPDR Portfolio Emerging Markets ETF $SPEM

Quent Long Short Global Small Cap Fund LP purchased a new stake in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) in the 4th quarter, HoldingsChannel reports. The fund purchased 55,849 shares of the company’s stock, valued at approximately $2,614,000.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Hantz Financial Services Inc. increased its position in SPDR Portfolio Emerging Markets ETF by 2,031.0% during the 3rd quarter. Hantz Financial Services Inc. now owns 618 shares of the company’s stock valued at $27,000 after purchasing an additional 589 shares during the period. First Horizon Corp acquired a new stake in shares of SPDR Portfolio Emerging Markets ETF during the third quarter worth $29,000. Front Row Advisors LLC increased its position in shares of SPDR Portfolio Emerging Markets ETF by 147.9% during the third quarter. Front Row Advisors LLC now owns 771 shares of the company’s stock worth $36,000 after buying an additional 460 shares during the period. Stone House Investment Management LLC acquired a new stake in shares of SPDR Portfolio Emerging Markets ETF during the third quarter worth $40,000. Finally, Signaturefd LLC acquired a new stake in shares of SPDR Portfolio Emerging Markets ETF during the fourth quarter worth $40,000.

SPDR Portfolio Emerging Markets ETF Stock Down 1.5%

SPEM opened at $50.28 on Friday. SPDR Portfolio Emerging Markets ETF has a twelve month low of $38.85 and a twelve month high of $51.75. The company has a fifty day moving average of $48.65 and a 200-day moving average of $48.05. The stock has a market cap of $17.24 billion, a PE ratio of 15.39 and a beta of 0.57.

SPDR Portfolio Emerging Markets ETF 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.