G&S Capital LLC increased its stake in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM – Free Report) by 11.7% in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 22,907 shares of the company’s stock after acquiring an additional 2,406 shares during the period. G&S Capital LLC’s holdings in SPDR Portfolio Emerging Markets ETF were worth $829,000 at the end of the most recent reporting period.
Other hedge funds have also made changes to their positions in the company. Anchor Investment Management LLC bought a new position in SPDR Portfolio Emerging Markets ETF during the 4th quarter valued at $28,000. American National Bank grew its holdings in SPDR Portfolio Emerging Markets ETF by 179.0% during the fourth quarter. American National Bank now owns 809 shares of the company’s stock worth $29,000 after acquiring an additional 519 shares during the period. Frazier Financial Advisors LLC bought a new stake in SPDR Portfolio Emerging Markets ETF in the fourth quarter worth about $32,000. Tsfg LLC bought a new stake in SPDR Portfolio Emerging Markets ETF in the fourth quarter worth about $70,000. Finally, Fortitude Family Office LLC acquired a new stake in SPDR Portfolio Emerging Markets ETF in the 4th quarter valued at about $82,000.
SPDR Portfolio Emerging Markets ETF Price Performance
Shares of SPEM opened at $37.58 on Thursday. The firm’s 50 day moving average is $37.52 and its 200-day moving average is $36.08. SPDR Portfolio Emerging Markets ETF has a 12-month low of $32.06 and a 12-month high of $38.84. The stock has a market capitalization of $8.92 billion, a P/E ratio of 13.05 and a beta of 0.81.
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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