NewEdge Advisors LLC raised its position in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM – Free Report) by 2.6% in the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 675,090 shares of the company’s stock after acquiring an additional 17,081 shares during the period. NewEdge Advisors LLC’s holdings in SPDR Portfolio Emerging Markets ETF were worth $31,669,000 as of its most recent SEC filing.
Several other institutional investors also recently modified their holdings of the company. Brighton Jones LLC bought a new position in SPDR Portfolio Emerging Markets ETF in the fourth quarter worth $289,000. AQR Capital Management LLC increased its holdings in SPDR Portfolio Emerging Markets ETF by 80.2% in the 1st quarter. AQR Capital Management LLC now owns 31,388 shares of the company’s stock valued at $1,236,000 after buying an additional 13,972 shares during the period. Goldman Sachs Group Inc. increased its holdings in SPDR Portfolio Emerging Markets ETF by 6.6% in the 1st 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 stake in shares of SPDR Portfolio Emerging Markets ETF by 2.8% in the 2nd 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 in the last quarter. Finally, Marshall Wace LLP acquired a new position in shares of SPDR Portfolio Emerging Markets ETF in the 2nd quarter valued at $768,000.
SPDR Portfolio Emerging Markets ETF Stock Performance
Shares of SPDR Portfolio Emerging Markets ETF stock opened at $52.42 on Friday. The firm has a market cap of $17.74 billion, a P/E ratio of 15.39 and a beta of 0.60. The firm’s 50-day simple moving average is $51.47 and its 200-day simple moving average is $50.27. SPDR Portfolio Emerging Markets ETF has a twelve month low of $43.65 and a twelve month high of $53.54.
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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