Fifth Third Securities Inc. Makes New $2.36 Million Investment in SPDR Portfolio Emerging Markets ETF $SPEM

Fifth Third Securities Inc. purchased a new position in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 45,674 shares of the company’s stock, valued at approximately $2,364,000.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the business. Ascentis Independent Advisors purchased a new stake in shares of SPDR Portfolio Emerging Markets ETF during the first quarter valued at $27,000. Robinswood Financial LLC bought a new stake in SPDR Portfolio Emerging Markets ETF in the 1st quarter worth about $32,000. Align Financial LLC bought a new stake in SPDR Portfolio Emerging Markets ETF in the 3rd quarter worth about $32,000. Brown Lisle Cummings Inc. bought a new stake in SPDR Portfolio Emerging Markets ETF in the 1st quarter worth about $53,000. Finally, Gould Capital LLC purchased a new position in SPDR Portfolio Emerging Markets ETF in the 1st quarter worth about $59,000.

SPDR Portfolio Emerging Markets ETF Stock Performance

Shares of NYSEARCA:SPEM opened at $50.85 on Thursday. The firm has a market cap of $16.91 billion, a price-to-earnings ratio of 15.39 and a beta of 0.61. The business has a 50-day simple moving average of $52.23 and a two-hundred day simple moving average of $51.58. SPDR Portfolio Emerging Markets ETF has a fifty-two week low of $45.28 and a fifty-two week high of $53.54.

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.