Ground Swell Capital LLC Acquires New Stake in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM)
by Amy Steele · The Cerbat GemGround Swell Capital LLC acquired a new stake in shares of SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM – Free Report) during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm acquired 9,397 shares of the company’s stock, valued at approximately $388,000.
Several other large investors have also recently added to or reduced their stakes in SPEM. Cetera Investment Advisers lifted its position in SPDR Portfolio Emerging Markets ETF by 282.1% during the first quarter. Cetera Investment Advisers now owns 1,380,536 shares of the company’s stock valued at $49,962,000 after buying an additional 1,019,272 shares in the last quarter. Koss Olinger Consulting LLC acquired a new position in shares of SPDR Portfolio Emerging Markets ETF during the second quarter worth about $30,376,000. Jane Street Group LLC boosted its position in shares of SPDR Portfolio Emerging Markets ETF by 44.4% in the first quarter. Jane Street Group LLC now owns 2,431,196 shares of the company’s stock worth $87,985,000 after buying an additional 747,277 shares during the period. Raymond James Financial Services Advisors Inc. grew its stake in shares of SPDR Portfolio Emerging Markets ETF by 83.8% in the second quarter. Raymond James Financial Services Advisors Inc. now owns 1,579,201 shares of the company’s stock valued at $59,488,000 after buying an additional 719,833 shares in the last quarter. Finally, Heritage Family Offices LLP purchased a new stake in SPDR Portfolio Emerging Markets ETF during the 2nd quarter worth $16,671,000.
SPDR Portfolio Emerging Markets ETF Stock Performance
SPDR Portfolio Emerging Markets ETF stock opened at $40.25 on Monday. The company has a market cap of $9.56 billion, a P/E ratio of 13.05 and a beta of 0.81. SPDR Portfolio Emerging Markets ETF has a 1 year low of $32.99 and a 1 year high of $42.88. The firm’s 50-day moving average is $39.98 and its 200-day moving average is $38.52.
SPDR Portfolio Emerging Markets ETF 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.
See Also
- Five stocks we like better than SPDR Portfolio Emerging Markets ETF
- Why is the Ex-Dividend Date Significant to Investors?
- November’s Small-Cap Treasures: 3 Stocks Poised for Growth
- Investing in Travel Stocks Benefits
- Bright Future for Clean Hydrogen Stocks? Analysts Are Watching
- Should You Add These Warren Buffett Stocks to Your Portfolio?
- High-Yield AbbVie Gains Momentum: A 20% Upside Is in Sight
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).