Aire Advisors LLC acquired a new stake in shares of SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM – Free Report) in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 20,876 shares of the company’s stock, valued at approximately $1,081,000.
Other large investors have also recently added to or reduced their stakes in the company. State Street Corp boosted its position in shares of SPDR Portfolio Emerging Markets ETF by 6.7% during the second quarter. State Street Corp now owns 5,231,398 shares of the company’s stock worth $270,882,000 after buying an additional 329,626 shares during the period. Envestnet Portfolio Solutions Inc. raised its stake in shares of SPDR Portfolio Emerging Markets ETF by 12.6% in the 2nd quarter. Envestnet Portfolio Solutions Inc. now owns 2,123,055 shares of the company’s stock worth $109,932,000 after buying an additional 237,526 shares in the last quarter. Royal Bank of Canada grew its holdings in SPDR Portfolio Emerging Markets ETF by 8.1% during the first quarter. Royal Bank of Canada now owns 1,155,291 shares of the company’s stock worth $54,194,000 after acquiring an additional 86,967 shares during the period. Private Advisor Group LLC lifted its stake in SPDR Portfolio Emerging Markets ETF by 8.1% during the first quarter. Private Advisor Group LLC now owns 1,119,846 shares of the company’s stock valued at $52,532,000 after purchasing an additional 83,733 shares during the last quarter. Finally, NewEdge Advisors LLC boosted its stake in shares of SPDR Portfolio Emerging Markets ETF by 30.3% during the 2nd quarter. NewEdge Advisors LLC now owns 879,360 shares of the company’s stock worth $45,533,000 after acquiring an additional 204,270 shares in the last quarter.
SPDR Portfolio Emerging Markets ETF Trading Down 0.1%
NYSEARCA SPEM opened at $50.85 on Thursday. SPDR Portfolio Emerging Markets ETF has a 1 year low of $45.28 and a 1 year high of $53.54. The company has a market cap of $16.91 billion, a PE ratio of 15.39 and a beta of 0.61. The stock’s 50-day moving average price is $52.23 and its two-hundred day moving average price is $51.58.
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.
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