SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) Sees Large Volume Increase – What’s Next?

SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) shares saw strong trading volume on Wednesday . 5,941,293 shares were traded during trading, an increase of 269% from the previous session’s volume of 1,612,274 shares.The stock last traded at $41.31 and had previously closed at $41.54.

SPDR Portfolio Emerging Markets ETF Trading Down 0.7 %

The business has a 50-day moving average price of $38.86 and a two-hundred day moving average price of $37.94. The firm has a market capitalization of $9.79 billion, a price-to-earnings ratio of 13.05 and a beta of 0.81.

Institutional Investors Weigh In On SPDR Portfolio Emerging Markets ETF

Large investors have recently modified their holdings of the stock. Creative Planning raised its holdings in SPDR Portfolio Emerging Markets ETF by 2.0% during the fourth quarter. Creative Planning now owns 25,451,348 shares of the company’s stock valued at $901,232,000 after buying an additional 504,808 shares in the last quarter. Envestnet Asset Management Inc. raised its holdings in SPDR Portfolio Emerging Markets ETF by 6.9% during the second quarter. Envestnet Asset Management Inc. now owns 4,995,049 shares of the company’s stock valued at $188,164,000 after buying an additional 323,995 shares in the last quarter. Richardson Financial Services Inc. bought a new position in shares of SPDR Portfolio Emerging Markets ETF in the fourth quarter worth about $2,616,000. US Bancorp DE increased its stake in shares of SPDR Portfolio Emerging Markets ETF by 40.9% in the first quarter. US Bancorp DE now owns 13,995 shares of the company’s stock worth $506,000 after purchasing an additional 4,063 shares during the period. Finally, Forbes Financial Planning Inc. increased its stake in shares of SPDR Portfolio Emerging Markets ETF by 104.7% in the second quarter. Forbes Financial Planning Inc. now owns 67,199 shares of the company’s stock worth $2,531,000 after purchasing an additional 34,371 shares during the period.

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.