True Blue Financial LLC lifted its holdings in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM – Free Report) by 45.0% in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 128,501 shares of the company’s stock after acquiring an additional 39,884 shares during the period. SPDR Portfolio Emerging Markets ETF makes up 2.5% of True Blue Financial LLC’s portfolio, making the stock its 11th biggest position. True Blue Financial LLC’s holdings in SPDR Portfolio Emerging Markets ETF were worth $6,651,000 as of its most recent SEC filing.
A number of other hedge funds have also made changes to their positions in the business. Ascentis Independent Advisors acquired a new stake in SPDR Portfolio Emerging Markets ETF in the 1st quarter valued at $27,000. Robinswood Financial LLC acquired a new position in shares of SPDR Portfolio Emerging Markets ETF during the first quarter worth about $32,000. Brown Lisle Cummings Inc. acquired a new position in shares of SPDR Portfolio Emerging Markets ETF during the first quarter worth about $53,000. Gould Capital LLC acquired a new position in shares of SPDR Portfolio Emerging Markets ETF during the first quarter worth about $59,000. Finally, Sachetta LLC raised its holdings in shares of SPDR Portfolio Emerging Markets ETF by 145.9% during the 1st quarter. Sachetta LLC now owns 1,409 shares of the company’s stock valued at $66,000 after buying an additional 836 shares during the period.
SPDR Portfolio Emerging Markets ETF Stock Performance
Shares of NYSEARCA:SPEM opened at $51.35 on Friday. The business’s 50-day simple moving average is $52.36 and its 200 day simple moving average is $51.47. The company has a market cap of $17.25 billion, a P/E ratio of 15.39 and a beta of 0.61. SPDR Portfolio Emerging Markets ETF has a one year low of $45.28 and a one year high of $53.54.
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.
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