SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) is Richardson Financial Services Inc.’s 7th Largest Position

Richardson Financial Services Inc. grew its holdings in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) by 3.5% during the second quarter, according to the company in its most recent filing with the SEC. The fund owned 79,223 shares of the company’s stock after acquiring an additional 2,650 shares during the quarter. SPDR Portfolio Emerging Markets ETF comprises 2.1% of Richardson Financial Services Inc.’s investment portfolio, making the stock its 7th biggest holding. Richardson Financial Services Inc.’s holdings in SPDR Portfolio Emerging Markets ETF were worth $2,984,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Vantage Financial Partners LLC purchased a new position in shares of SPDR Portfolio Emerging Markets ETF in the 4th quarter valued at $1,478,000. Gilbert & Cook Inc. grew its holdings in shares of SPDR Portfolio Emerging Markets ETF by 73.9% during the fourth quarter. Gilbert & Cook Inc. now owns 18,615 shares of the company’s stock worth $659,000 after purchasing an additional 7,912 shares during the last quarter. Prairieview Wealth Partners LLC acquired a new stake in shares of SPDR Portfolio Emerging Markets ETF during the fourth quarter worth about $1,237,000. UBS Group AG increased its position in shares of SPDR Portfolio Emerging Markets ETF by 10.4% during the fourth quarter. UBS Group AG now owns 1,572,129 shares of the company’s stock worth $55,669,000 after purchasing an additional 148,551 shares in the last quarter. Finally, Wells Fargo & Company MN lifted its holdings in shares of SPDR Portfolio Emerging Markets ETF by 38.2% in the 4th quarter. Wells Fargo & Company MN now owns 2,491,923 shares of the company’s stock valued at $88,239,000 after purchasing an additional 688,304 shares during the last quarter.

SPDR Portfolio Emerging Markets ETF Stock Down 0.3 %

Shares of NYSEARCA SPEM opened at $38.40 on Thursday. The business has a 50-day moving average price of $38.02 and a 200 day moving average price of $37.42. The stock has a market cap of $9.12 billion, a PE ratio of 13.05 and a beta of 0.81. SPDR Portfolio Emerging Markets ETF has a 52-week low of $32.06 and a 52-week high of $39.32.

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.