Private Trust Co. NA grew its position in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM – Free Report) by 16.2% in the second quarter, HoldingsChannel.com reports. The firm owned 19,802 shares of the company’s stock after acquiring an additional 2,761 shares during the period. Private Trust Co. NA’s holdings in SPDR Portfolio Emerging Markets ETF were worth $846,000 at the end of the most recent reporting period.
A number of other hedge funds and other institutional investors have also recently modified their holdings of SPEM. Angeles Wealth Management LLC bought a new stake in shares of SPDR Portfolio Emerging Markets ETF during the 2nd quarter valued at $829,000. Portland Financial Advisors Inc increased its stake in SPDR Portfolio Emerging Markets ETF by 5.8% in the 2nd quarter. Portland Financial Advisors Inc now owns 19,405 shares of the company’s stock worth $829,000 after buying an additional 1,060 shares in the last quarter. WealthPlan Investment Management LLC increased its stake in SPDR Portfolio Emerging Markets ETF by 16.9% in the 2nd quarter. WealthPlan Investment Management LLC now owns 10,076 shares of the company’s stock worth $431,000 after buying an additional 1,455 shares in the last quarter. Rosenberg Matthew Hamilton raised its holdings in SPDR Portfolio Emerging Markets ETF by 6.4% during the second quarter. Rosenberg Matthew Hamilton now owns 29,545 shares of the company’s stock valued at $1,263,000 after acquiring an additional 1,787 shares during the period. Finally, IFG Advisors LLC purchased a new position in shares of SPDR Portfolio Emerging Markets ETF in the second quarter valued at about $218,000.
SPDR Portfolio Emerging Markets ETF Stock Down 0.1%
NYSEARCA SPEM opened at $47.05 on Friday. The firm has a market cap of $14.47 billion, a price-to-earnings ratio of 15.39 and a beta of 0.68. The business has a 50-day moving average price of $45.75 and a 200-day moving average price of $42.77. SPDR Portfolio Emerging Markets ETF has a twelve month low of $34.38 and a twelve month high of $47.67.
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.
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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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