Stifel Financial Corp increased its position in shares of SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM – Free Report) by 6.7% in the 3rd quarter, Holdings Channel.com reports. The fund owned 64,565 shares of the company’s stock after buying an additional 4,049 shares during the quarter. Stifel Financial Corp’s holdings in SPDR Portfolio Emerging Markets ETF were worth $2,665,000 as of its most recent SEC filing.
Other institutional investors have also recently bought and sold shares of the company. Rothschild Investment LLC acquired a new stake in shares of SPDR Portfolio Emerging Markets ETF during the 2nd quarter valued at about $27,000. Archer Investment Corp bought a new position in SPDR Portfolio Emerging Markets ETF during the third quarter valued at approximately $39,000. Hershey Financial Advisers LLC acquired a new stake in SPDR Portfolio Emerging Markets ETF in the second quarter valued at approximately $49,000. SouthState Corp bought a new stake in SPDR Portfolio Emerging Markets ETF in the second quarter worth approximately $86,000. Finally, McClarren Financial Advisors Inc. boosted its holdings in SPDR Portfolio Emerging Markets ETF by 583.2% in the third quarter. McClarren Financial Advisors Inc. now owns 2,569 shares of the company’s stock worth $106,000 after purchasing an additional 2,193 shares in the last quarter.
SPDR Portfolio Emerging Markets ETF Stock Performance
Shares of NYSEARCA SPEM opened at $38.95 on Thursday. The firm has a market cap of $9.25 billion, a price-to-earnings ratio of 13.05 and a beta of 0.81. The business’s 50-day simple moving average is $40.17 and its 200-day simple moving average is $39.08. SPDR Portfolio Emerging Markets ETF has a 52 week low of $33.52 and a 52 week high of $42.88.
About SPDR Portfolio Emerging Markets ETF
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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Want to see what other hedge funds are holding SPEM? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM – Free Report).
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