Cwm LLC Boosts Holdings in SPDR Portfolio Emerging Markets ETF $SPEM

Cwm LLC lifted its holdings in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) by 12.0% during the 2nd quarter, HoldingsChannel.com reports. The institutional investor owned 2,190,512 shares of the company’s stock after purchasing an additional 234,635 shares during the period. Cwm LLC’s holdings in SPDR Portfolio Emerging Markets ETF were worth $93,622,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently modified their holdings of the business. Vestia Personal Wealth Advisors lifted its stake in shares of SPDR Portfolio Emerging Markets ETF by 3.1% in the second quarter. Vestia Personal Wealth Advisors now owns 7,806 shares of the company’s stock worth $334,000 after buying an additional 236 shares in the last quarter. Apollon Wealth Management LLC lifted its stake in shares of SPDR Portfolio Emerging Markets ETF by 1.5% in the second quarter. Apollon Wealth Management LLC now owns 16,893 shares of the company’s stock worth $722,000 after buying an additional 244 shares in the last quarter. Vawter Financial Ltd. lifted its stake in shares of SPDR Portfolio Emerging Markets ETF by 3.6% in the first quarter. Vawter Financial Ltd. now owns 7,412 shares of the company’s stock worth $292,000 after buying an additional 255 shares in the last quarter. Focus Financial Network Inc. lifted its stake in shares of SPDR Portfolio Emerging Markets ETF by 3.8% in the second quarter. Focus Financial Network Inc. now owns 7,195 shares of the company’s stock worth $307,000 after buying an additional 263 shares in the last quarter. Finally, Fidelis Capital Partners LLC lifted its stake in shares of SPDR Portfolio Emerging Markets ETF by 0.9% in the first quarter. Fidelis Capital Partners LLC now owns 31,409 shares of the company’s stock worth $1,228,000 after buying an additional 268 shares in the last quarter.

SPDR Portfolio Emerging Markets ETF Trading Down 3.6%

NYSEARCA:SPEM opened at $45.45 on Friday. The company’s 50-day moving average price is $45.42 and its 200-day moving average price is $42.52. The company has a market cap of $13.98 billion, a P/E ratio of 15.39 and a beta of 0.68. SPDR Portfolio Emerging Markets ETF has a twelve month low of $34.38 and a twelve month high of $47.67.

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.