Tempus Wealth Planning LLC purchased a new position in shares of SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM – Free Report) during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 38,682 shares of the company’s stock, valued at approximately $2,002,000.
Other hedge funds have also recently added to or reduced their stakes in the company. State Street Corp raised its holdings in SPDR Portfolio Emerging Markets ETF by 6.7% in the 2nd quarter. State Street Corp now owns 5,231,398 shares of the company’s stock valued at $270,882,000 after acquiring an additional 329,626 shares in the last quarter. Envestnet Portfolio Solutions Inc. grew its holdings in shares of SPDR Portfolio Emerging Markets ETF by 12.6% during the 2nd quarter. Envestnet Portfolio Solutions Inc. now owns 2,123,055 shares of the company’s stock worth $109,932,000 after purchasing an additional 237,526 shares in the last quarter. Mariner LLC grew its holdings in shares of SPDR Portfolio Emerging Markets ETF by 7.8% during the 4th quarter. Mariner LLC now owns 1,811,376 shares of the company’s stock worth $84,791,000 after purchasing an additional 131,079 shares in the last quarter. Corient Private Wealth LLC grew its holdings in shares of SPDR Portfolio Emerging Markets ETF by 16.5% during the 4th quarter. Corient Private Wealth LLC now owns 1,319,880 shares of the company’s stock worth $61,784,000 after purchasing an additional 187,095 shares in the last quarter. Finally, Royal Bank of Canada increased its position in shares of SPDR Portfolio Emerging Markets ETF by 8.1% in the first quarter. Royal Bank of Canada now owns 1,155,291 shares of the company’s stock worth $54,194,000 after purchasing an additional 86,967 shares during the period.
SPDR Portfolio Emerging Markets ETF Stock Performance
Shares of NYSEARCA SPEM traded down $0.69 during mid-day trading on Wednesday, reaching $51.46. The company had a trading volume of 2,144,360 shares, compared to its average volume of 2,527,867. SPDR Portfolio Emerging Markets ETF has a one year low of $45.28 and a one year high of $53.54. The firm has a market cap of $17.29 billion, a price-to-earnings ratio of 15.39 and a beta of 0.61. The business’s 50-day simple moving average is $52.38 and its 200 day simple moving average is $51.39.
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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