SPC Financial Inc. Raises Stock Holdings in SPDR Portfolio Emerging Markets ETF $SPEM

SPC Financial Inc. boosted its holdings in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) by 2.4% in the second quarter, according to its most recent Form 13F filing with the SEC. The fund owned 84,213 shares of the company’s stock after purchasing an additional 1,991 shares during the period. SPC Financial Inc.’s holdings in SPDR Portfolio Emerging Markets ETF were worth $3,599,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Knuff & Co LLC acquired a new stake in SPDR Portfolio Emerging Markets ETF during the first quarter valued at approximately $29,000. Brooklyn Investment Group acquired a new stake in SPDR Portfolio Emerging Markets ETF during the first quarter valued at approximately $32,000. Sachetta LLC raised its stake in SPDR Portfolio Emerging Markets ETF by 2,263.9% during the second quarter. Sachetta LLC now owns 851 shares of the company’s stock valued at $36,000 after buying an additional 815 shares in the last quarter. Webster Bank N. A. acquired a new stake in shares of SPDR Portfolio Emerging Markets ETF during the 2nd quarter worth approximately $40,000. Finally, Wayfinding Financial LLC acquired a new stake in shares of SPDR Portfolio Emerging Markets ETF during the 1st quarter worth approximately $36,000.

SPDR Portfolio Emerging Markets ETF Trading Down 3.6%

Shares of SPDR Portfolio Emerging Markets ETF stock opened at $45.45 on Friday. The business’s 50 day simple moving average is $45.42 and its 200-day simple moving average is $42.52. The stock has a market capitalization of $13.98 billion, a price-to-earnings 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.

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.