SPDR Portfolio Emerging Markets ETF $SPEM Shares Purchased by US Bancorp DE

US Bancorp DE lifted its holdings in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) by 25.8% in the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 15,130 shares of the company’s stock after purchasing an additional 3,103 shares during the quarter. US Bancorp DE’s holdings in SPDR Portfolio Emerging Markets ETF were worth $647,000 as of its most recent SEC filing.

Other institutional investors have also recently made changes to their positions in the company. Jane Street Group LLC purchased a new position in SPDR Portfolio Emerging Markets ETF in the 1st quarter worth $57,992,000. 3EDGE Asset Management LP raised its stake in SPDR Portfolio Emerging Markets ETF by 2,500.7% in the 1st quarter. 3EDGE Asset Management LP now owns 777,050 shares of the company’s stock worth $30,598,000 after acquiring an additional 747,171 shares during the last quarter. LPL Financial LLC raised its stake in SPDR Portfolio Emerging Markets ETF by 6.1% in the 1st quarter. LPL Financial LLC now owns 10,706,453 shares of the company’s stock worth $421,513,000 after acquiring an additional 620,049 shares during the last quarter. Cerity Partners LLC raised its stake in SPDR Portfolio Emerging Markets ETF by 24.6% in the 1st quarter. Cerity Partners LLC now owns 2,766,398 shares of the company’s stock worth $108,913,000 after acquiring an additional 545,724 shares during the last quarter. Finally, Envestnet Asset Management Inc. raised its stake in SPDR Portfolio Emerging Markets ETF by 7.8% in the 1st quarter. Envestnet Asset Management Inc. now owns 6,361,844 shares of the company’s stock worth $250,466,000 after acquiring an additional 461,936 shares during the last quarter.

SPDR Portfolio Emerging Markets ETF Price Performance

Shares of SPEM stock opened at $47.05 on Monday. The firm has a market capitalization of $14.47 billion, a price-to-earnings ratio of 15.39 and a beta of 0.68. The business has a fifty day moving average of $45.75 and a 200 day moving average of $42.80. SPDR Portfolio Emerging Markets ETF has a 1 year low of $34.38 and a 1 year high of $47.67.

SPDR Portfolio Emerging Markets ETF 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.