Renaissance Technologies LLC Acquires 123,900 Shares of SPDR Portfolio Emerging Markets ETF $SPEM

Renaissance Technologies LLC raised its holdings in shares of SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) by 579.0% in the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 145,300 shares of the company’s stock after buying an additional 123,900 shares during the period. Renaissance Technologies LLC’s holdings in SPDR Portfolio Emerging Markets ETF were worth $6,816,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently modified their holdings of SPEM. Charles Schwab Investment Management Inc. increased its holdings in shares of SPDR Portfolio Emerging Markets ETF by 20.1% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 15,874,429 shares of the company’s stock worth $743,082,000 after buying an additional 2,653,013 shares during the period. LPL Financial LLC boosted its holdings in SPDR Portfolio Emerging Markets ETF by 12.7% during the 4th quarter. LPL Financial LLC now owns 15,587,049 shares of the company’s stock valued at $729,630,000 after acquiring an additional 1,758,866 shares during the period. Allworth Financial LP grew its position in SPDR Portfolio Emerging Markets ETF by 1.0% during the 4th quarter. Allworth Financial LP now owns 9,355,461 shares of the company’s stock worth $437,929,000 after acquiring an additional 94,029 shares during the last quarter. Morgan Stanley grew its position in SPDR Portfolio Emerging Markets ETF by 9.8% during the 4th quarter. Morgan Stanley now owns 6,997,855 shares of the company’s stock worth $327,570,000 after acquiring an additional 622,595 shares during the last quarter. Finally, Ameriprise Financial Inc. grew its position in SPDR Portfolio Emerging Markets ETF by 5.5% during the 2nd quarter. Ameriprise Financial Inc. now owns 5,339,952 shares of the company’s stock worth $228,232,000 after acquiring an additional 279,126 shares during the last quarter.

SPDR Portfolio Emerging Markets ETF Price Performance

Shares of SPDR Portfolio Emerging Markets ETF stock opened at $52.02 on Wednesday. SPDR Portfolio Emerging Markets ETF has a one year low of $43.22 and a one year high of $53.54. The business’s 50 day simple moving average is $51.50 and its two-hundred day simple moving average is $50.21. The stock has a market capitalization of $17.61 billion, a P/E ratio of 15.39 and a beta of 0.60.

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.