Shares of SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM – Get Free Report) saw unusually-strong trading volume on Wednesday . Approximately 2,794,304 shares changed hands during trading, an increase of 77% from the previous session’s volume of 1,581,281 shares.The stock last traded at $38.01 and had previously closed at $38.01.
SPDR Portfolio Emerging Markets ETF Stock Performance
The company’s 50 day moving average price is $38.06 and its 200-day moving average price is $37.26. The company has a market cap of $8.88 billion, a PE ratio of 13.05 and a beta of 0.81.
Institutional Trading of SPDR Portfolio Emerging Markets ETF
Institutional investors have recently added to or reduced their stakes in the stock. Sanctuary Advisors LLC purchased a new stake in shares of SPDR Portfolio Emerging Markets ETF in the second quarter worth $7,329,000. Kestra Investment Management LLC bought a new position in shares of SPDR Portfolio Emerging Markets ETF in the 2nd quarter worth $6,908,000. New Century Financial Group LLC bought a new stake in shares of SPDR Portfolio Emerging Markets ETF during the 2nd quarter worth $776,000. Cetera Investment Advisers grew its position in SPDR Portfolio Emerging Markets ETF by 6.8% during the second quarter. Cetera Investment Advisers now owns 1,474,983 shares of the company’s stock valued at $55,563,000 after acquiring an additional 94,447 shares during the last quarter. Finally, SPC Financial Inc. increased its position in SPDR Portfolio Emerging Markets ETF by 5.1% during the 2nd quarter. SPC Financial Inc. now owns 79,752 shares of the company’s stock valued at $3,004,000 after purchasing an additional 3,889 shares during the period.
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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