SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) Short Interest Update

SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) saw a large decrease in short interest in July. As of July 15th, there was short interest totaling 3,083,392 shares, a decrease of 49.3% from the June 30th total of 6,077,291 shares. Approximately 0.9% of the company’s shares are short sold. Based on an average daily volume of 2,062,562 shares, the short-interest ratio is currently 1.5 days.

SPDR Portfolio Emerging Markets ETF Trading Down 1.4%

Shares of SPDR Portfolio Emerging Markets ETF stock traded down $0.68 during mid-day trading on Wednesday, hitting $49.40. 1,835,588 shares of the stock were exchanged, compared to its average volume of 2,899,702. The stock has a market capitalization of $16.72 billion, a price-to-earnings ratio of 15.39 and a beta of 0.60. SPDR Portfolio Emerging Markets ETF has a twelve month low of $42.66 and a twelve month high of $53.54. The company has a 50-day simple moving average of $51.57 and a 200 day simple moving average of $50.13.

Institutional Trading of SPDR Portfolio Emerging Markets ETF

Several hedge funds and other institutional investors have recently bought and sold shares of SPEM. Partnership Wealth Management LLC raised its holdings in SPDR Portfolio Emerging Markets ETF by 3.2% in the 2nd quarter. Partnership Wealth Management LLC now owns 58,854 shares of the company’s stock valued at $3,047,000 after acquiring an additional 1,845 shares during the last quarter. G&S Capital LLC grew its position in shares of SPDR Portfolio Emerging Markets ETF by 5.7% in the second quarter. G&S Capital LLC now owns 35,671 shares of the company’s stock valued at $1,847,000 after purchasing an additional 1,933 shares during the period. Ocean Park Asset Management LLC acquired a new position in SPDR Portfolio Emerging Markets ETF in the second quarter valued at $931,000. Spinnaker Investment Group LLC purchased a new position in SPDR Portfolio Emerging Markets ETF during the second quarter worth about $481,000. Finally, Affiance Financial LLC lifted its position in SPDR Portfolio Emerging Markets ETF by 4.9% during the second quarter. Affiance Financial LLC now owns 261,106 shares of the company’s stock worth $13,520,000 after buying an additional 12,194 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.