23,044 Shares of SPDR Portfolio Emerging Markets ETF $SPEM Bought by Range Financial Group LLC

Range Financial Group LLC purchased a new stake in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund purchased 23,044 shares of the company’s stock, valued at approximately $1,193,000.

Several other hedge funds and other institutional investors also recently modified their holdings of SPEM. State Street Corp boosted its holdings in SPDR Portfolio Emerging Markets ETF by 6.7% in the 2nd quarter. State Street Corp now owns 5,231,398 shares of the company’s stock worth $270,882,000 after buying an additional 329,626 shares during the period. Envestnet Portfolio Solutions Inc. raised its holdings in SPDR Portfolio Emerging Markets ETF by 12.6% during the 2nd quarter. Envestnet Portfolio Solutions Inc. now owns 2,123,055 shares of the company’s stock valued at $109,932,000 after acquiring an additional 237,526 shares during the period. Royal Bank of Canada lifted its position in shares of SPDR Portfolio Emerging Markets ETF by 8.1% during the first quarter. Royal Bank of Canada now owns 1,155,291 shares of the company’s stock worth $54,194,000 after acquiring an additional 86,967 shares in the last quarter. Private Advisor Group LLC lifted its position in shares of SPDR Portfolio Emerging Markets ETF by 8.1% during the first quarter. Private Advisor Group LLC now owns 1,119,846 shares of the company’s stock worth $52,532,000 after acquiring an additional 83,733 shares in the last quarter. Finally, NewEdge Advisors LLC boosted its holdings in shares of SPDR Portfolio Emerging Markets ETF by 30.3% in the second quarter. NewEdge Advisors LLC now owns 879,360 shares of the company’s stock worth $45,533,000 after acquiring an additional 204,270 shares during the period.

SPDR Portfolio Emerging Markets ETF Price Performance

SPDR Portfolio Emerging Markets ETF stock opened at $50.91 on Wednesday. The firm has a market capitalization of $16.93 billion, a P/E ratio of 15.39 and a beta of 0.61. SPDR Portfolio Emerging Markets ETF has a one year low of $45.28 and a one year high of $53.54. The business has a fifty day moving average price of $52.26 and a 200-day moving average price of $51.56.

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.