Range Advisory LLC increased its position in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM – Free Report) by 43.3% in the 2nd quarter, according to its most recent 13F filing with the SEC. The firm owned 610,099 shares of the company’s stock after buying an additional 184,329 shares during the period. SPDR Portfolio Emerging Markets ETF comprises approximately 3.7% of Range Advisory LLC’s holdings, making the stock its 4th largest position. Range Advisory LLC owned 0.18% of SPDR Portfolio Emerging Markets ETF worth $31,591,000 at the end of the most recent quarter.
A number of other institutional investors have also bought and sold shares of SPEM. First Command Advisory Services Inc. bought a new stake in SPDR Portfolio Emerging Markets ETF during the fourth quarter valued at about $26,000. Ascentis Independent Advisors bought a new position in shares of SPDR Portfolio Emerging Markets ETF in the first quarter worth about $27,000. Robinswood Financial LLC bought a new position in shares of SPDR Portfolio Emerging Markets ETF in the first quarter worth about $32,000. Safe Harbor Fiduciary LLC purchased a new stake in shares of SPDR Portfolio Emerging Markets ETF during the fourth quarter worth about $32,000. Finally, Front Row Advisors LLC grew its position in shares of SPDR Portfolio Emerging Markets ETF by 147.9% during the third quarter. Front Row Advisors LLC now owns 771 shares of the company’s stock worth $36,000 after purchasing an additional 460 shares in the last quarter.
SPDR Portfolio Emerging Markets ETF Stock Performance
Shares of SPEM opened at $53.41 on Tuesday. The business’s 50 day moving average is $51.70 and its 200 day moving average is $50.69. The company has a market capitalization of $18.08 billion, a PE ratio of 15.39 and a beta of 0.61. SPDR Portfolio Emerging Markets ETF has a 12-month low of $44.62 and a 12-month high of $53.54.
About SPDR Portfolio Emerging Markets ETF
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.
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