QRG Capital Management Inc. Buys Shares of 27,947 SPDR Portfolio Emerging Markets ETF $SPEM

QRG Capital Management Inc. purchased a new position in shares of SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor purchased 27,947 shares of the company’s stock, valued at approximately $1,311,000.

Several other hedge funds and other institutional investors have also made changes to their positions in SPEM. Apeiron RIA LLC grew its stake in SPDR Portfolio Emerging Markets ETF by 4.2% during the 1st quarter. Apeiron RIA LLC now owns 22,146 shares of the company’s stock worth $1,039,000 after purchasing an additional 883 shares in the last quarter. Capital Financial Group Inc. Co. ADV increased its position in shares of SPDR Portfolio Emerging Markets ETF by 0.6% during the first quarter. Capital Financial Group Inc. Co. ADV now owns 127,406 shares of the company’s stock worth $5,977,000 after purchasing an additional 756 shares in the last quarter. Integrity Wealth Partners LLC acquired a new stake in shares of SPDR Portfolio Emerging Markets ETF during the first quarter worth about $1,117,000. Portland Financial Advisors Inc lifted its holdings in shares of SPDR Portfolio Emerging Markets ETF by 5.6% in the 1st quarter. Portland Financial Advisors Inc now owns 22,052 shares of the company’s stock valued at $1,034,000 after purchasing an additional 1,172 shares during the last quarter. Finally, Kelman Lazarov Inc. lifted its holdings in shares of SPDR Portfolio Emerging Markets ETF by 3.3% in the 1st quarter. Kelman Lazarov Inc. now owns 6,272 shares of the company’s stock valued at $294,000 after purchasing an additional 203 shares during the last quarter.

SPDR Portfolio Emerging Markets ETF Stock Down 1.9%

Shares of NYSEARCA SPEM opened at $51.01 on Wednesday. The business has a 50-day moving average price of $51.76 and a 200 day moving average price of $49.73. The stock has a market cap of $17.22 billion, a PE ratio of 15.39 and a beta of 0.60. SPDR Portfolio Emerging Markets ETF has a 52-week low of $42.66 and a 52-week high of $53.54.

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.