SPDR Portfolio Emerging Markets ETF $SPEM Shares Acquired by Elm Partners Management LLC

Elm Partners Management LLC boosted its position in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) by 4.3% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 709,547 shares of the company’s stock after acquiring an additional 29,102 shares during the quarter. SPDR Portfolio Emerging Markets ETF accounts for about 1.7% of Elm Partners Management LLC’s holdings, making the stock its 17th biggest holding. Elm Partners Management LLC owned 0.23% of SPDR Portfolio Emerging Markets ETF worth $33,214,000 at the end of the most recent reporting period.

Other institutional investors also recently added to or reduced their stakes in the company. Brighton Jones LLC purchased a new stake in shares of SPDR Portfolio Emerging Markets ETF in the 4th quarter valued at approximately $289,000. AQR Capital Management LLC grew its stake in shares of SPDR Portfolio Emerging Markets ETF by 80.2% during the first quarter. AQR Capital Management LLC now owns 31,388 shares of the company’s stock worth $1,236,000 after purchasing an additional 13,972 shares in the last quarter. Goldman Sachs Group Inc. grew its stake in shares of SPDR Portfolio Emerging Markets ETF by 6.6% during the first quarter. Goldman Sachs Group Inc. now owns 104,799 shares of the company’s stock worth $4,126,000 after purchasing an additional 6,463 shares in the last quarter. Janney Montgomery Scott LLC purchased a new position in SPDR Portfolio Emerging Markets ETF in the second quarter valued at $1,182,000. Finally, Truist Financial Corp raised its stake in SPDR Portfolio Emerging Markets ETF by 10.1% in the second quarter. Truist Financial Corp now owns 96,702 shares of the company’s stock valued at $4,133,000 after buying an additional 8,909 shares in the last quarter.

SPDR Portfolio Emerging Markets ETF Price Performance

Shares of NYSEARCA SPEM opened at $49.47 on Tuesday. The business has a 50-day moving average of $47.76 and a two-hundred day moving average of $46.50. The company has a market capitalization of $16.52 billion, a price-to-earnings ratio of 15.39 and a beta of 0.56. SPDR Portfolio Emerging Markets ETF has a 1 year low of $34.38 and a 1 year high of $50.58.

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.