Fifth Third Bancorp Purchases 220,159 Shares of SPDR Portfolio Emerging Markets ETF $SPEM

Fifth Third Bancorp raised its position in shares of SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) by 6,374.0% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 223,613 shares of the company’s stock after purchasing an additional 220,159 shares during the period. Fifth Third Bancorp’s holdings in SPDR Portfolio Emerging Markets ETF were worth $10,490,000 at the end of the most recent reporting period.

Several other institutional investors have also recently bought and sold shares of SPEM. Midwest Capital Advisors LLC increased its position in SPDR Portfolio Emerging Markets ETF by 33.3% in the 4th quarter. Midwest Capital Advisors LLC now owns 407,988 shares of the company’s stock valued at $19,098,000 after acquiring an additional 101,817 shares during the period. Brooklyn FI LLC grew its holdings in SPDR Portfolio Emerging Markets ETF by 19.9% during the 4th quarter. Brooklyn FI LLC now owns 144,230 shares of the company’s stock worth $6,751,000 after acquiring an additional 23,983 shares during the period. McNamara Financial Services Inc. increased its holdings in SPDR Portfolio Emerging Markets ETF by 1.6% in the fourth quarter. McNamara Financial Services Inc. now owns 869,793 shares of the company’s stock worth $40,715,000 after purchasing an additional 13,566 shares in the last quarter. Lunt Capital Management Inc. bought a new stake in shares of SPDR Portfolio Emerging Markets ETF in the 4th quarter valued at $569,000. Finally, Flagship Harbor Advisors LLC increased its stake in SPDR Portfolio Emerging Markets ETF by 13.5% in the fourth quarter. Flagship Harbor Advisors LLC now owns 303,211 shares of the company’s stock valued at $14,193,000 after purchasing an additional 36,087 shares in the last quarter.

SPDR Portfolio Emerging Markets ETF Stock Performance

SPEM stock opened at $51.27 on Wednesday. The company has a market cap of $17.30 billion, a P/E ratio of 15.39 and a beta of 0.60. SPDR Portfolio Emerging Markets ETF has a fifty-two week low of $42.66 and a fifty-two week high of $53.54. The stock’s 50 day simple moving average is $51.80 and its 200 day simple moving average is $49.90.

About SPDR Portfolio Emerging Markets ETF

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.