SPDR Portfolio Emerging Markets ETF $SPEM Shares Newly Purchased by Novem Group

Novem Group acquired a new position in shares of SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) in the 3rd quarter, according to its most recent disclosure with the SEC. The institutional investor acquired 57,253 shares of the company’s stock, valued at approximately $2,963,000.

Other hedge funds have also made changes to their positions in the company. Ascentis Independent Advisors acquired a new stake in shares of SPDR Portfolio Emerging Markets ETF during the 1st quarter worth about $27,000. Align Financial LLC purchased a new stake in SPDR Portfolio Emerging Markets ETF during the third quarter worth approximately $32,000. Robinswood Financial LLC acquired a new position in SPDR Portfolio Emerging Markets ETF in the first quarter valued at approximately $32,000. Brown Lisle Cummings Inc. acquired a new position in SPDR Portfolio Emerging Markets ETF in the first quarter valued at approximately $53,000. Finally, Gould Capital LLC acquired a new position in SPDR Portfolio Emerging Markets ETF in the first quarter valued at approximately $59,000.

SPDR Portfolio Emerging Markets ETF Stock Down 0.0%

SPDR Portfolio Emerging Markets ETF stock traded down $0.02 during mid-day trading on Monday, hitting $50.67. The company had a trading volume of 1,896,742 shares, compared to its average volume of 2,515,394. The stock has a market cap of $16.85 billion, a price-to-earnings ratio of 15.39 and a beta of 0.61. SPDR Portfolio Emerging Markets ETF has a 1 year low of $45.28 and a 1 year high of $53.54. The business has a fifty day moving average of $52.32 and a 200 day moving average of $51.50.

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.