Jacobs Equity LLC bought a new stake in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM – Free Report) during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm bought 10,236 shares of the company’s stock, valued at approximately $479,000.
Other institutional investors have also recently added to or reduced their stakes in the company. Brighton Jones LLC acquired a new position in shares of SPDR Portfolio Emerging Markets ETF in the 4th quarter valued at about $289,000. AQR Capital Management LLC increased its position in SPDR Portfolio Emerging Markets ETF by 80.2% during the 1st 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. raised its holdings in SPDR Portfolio Emerging Markets ETF by 6.6% in the first quarter. Goldman Sachs Group Inc. now owns 104,799 shares of the company’s stock valued at $4,126,000 after buying an additional 6,463 shares during the period. First Trust Advisors LP raised its holdings in SPDR Portfolio Emerging Markets ETF by 2.8% in the second quarter. First Trust Advisors LP now owns 9,682 shares of the company’s stock valued at $414,000 after buying an additional 263 shares during the period. Finally, Marshall Wace LLP purchased a new position in SPDR Portfolio Emerging Markets ETF in the second quarter valued at approximately $768,000.
SPDR Portfolio Emerging Markets ETF Stock Up 1.5%
Shares of SPEM stock opened at $53.08 on Friday. SPDR Portfolio Emerging Markets ETF has a fifty-two week low of $40.83 and a fifty-two week high of $53.54. The firm’s 50 day moving average price is $51.43 and its two-hundred day moving average price is $49.30. The stock has a market cap of $18.20 billion, a price-to-earnings ratio of 15.39 and a beta of 0.60.
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.
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