Tortoise Investment Management LLC Has $15.62 Million Holdings in SPDR Portfolio Emerging Markets ETF $SPEM

Tortoise Investment Management LLC grew its stake in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) by 4.0% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 333,685 shares of the company’s stock after buying an additional 12,716 shares during the period. SPDR Portfolio Emerging Markets ETF makes up approximately 1.4% of Tortoise Investment Management LLC’s holdings, making the stock its 20th biggest position. Tortoise Investment Management LLC owned about 0.10% of SPDR Portfolio Emerging Markets ETF worth $15,620,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Hantz Financial Services Inc. lifted its position in shares of SPDR Portfolio Emerging Markets ETF by 2,031.0% in the third quarter. Hantz Financial Services Inc. now owns 618 shares of the company’s stock worth $27,000 after buying an additional 589 shares during the last quarter. First Horizon Corp acquired a new stake in shares of SPDR Portfolio Emerging Markets ETF in the third quarter worth about $29,000. Front Row Advisors LLC lifted its position in shares of SPDR Portfolio Emerging Markets ETF by 147.9% during the 3rd quarter. Front Row Advisors LLC now owns 771 shares of the company’s stock worth $36,000 after purchasing an additional 460 shares during the last quarter. Signaturefd LLC acquired a new position in shares of SPDR Portfolio Emerging Markets ETF during the 4th quarter worth about $40,000. Finally, International Assets Investment Management LLC acquired a new position in shares of SPDR Portfolio Emerging Markets ETF during the 4th quarter worth about $40,000.

SPDR Portfolio Emerging Markets ETF Stock Performance

NYSEARCA SPEM opened at $50.93 on Tuesday. SPDR Portfolio Emerging Markets ETF has a twelve month low of $40.67 and a twelve month high of $53.03. The stock has a market capitalization of $17.46 billion, a PE ratio of 15.39 and a beta of 0.60. The stock has a 50-day simple moving average of $49.13 and a 200 day simple moving average of $48.53.

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.