Truist Financial Corp Has $932,000 Stock Position in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM)

Truist Financial Corp lifted its holdings in shares of SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) by 1.3% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 27,117 shares of the company’s stock after purchasing an additional 335 shares during the quarter. Truist Financial Corp’s holdings in SPDR Portfolio Emerging Markets ETF were worth $932,000 as of its most recent SEC filing.

Several other hedge funds also recently modified their holdings of the business. First Ascent Asset Management LLC increased its stake in shares of SPDR Portfolio Emerging Markets ETF by 8.5% during the 2nd quarter. First Ascent Asset Management LLC now owns 455,766 shares of the company’s stock worth $15,669,000 after purchasing an additional 35,691 shares during the last quarter. USAdvisors Wealth Management LLC boosted its holdings in shares of SPDR Portfolio Emerging Markets ETF by 3.5% during the 2nd quarter. USAdvisors Wealth Management LLC now owns 93,885 shares of the company’s stock worth $3,256,000 after buying an additional 3,140 shares during the period. LPL Financial LLC boosted its holdings in shares of SPDR Portfolio Emerging Markets ETF by 16.1% during the 2nd quarter. LPL Financial LLC now owns 8,962,675 shares of the company’s stock worth $308,137,000 after buying an additional 1,242,943 shares during the period. Verus Capital Partners LLC boosted its holdings in shares of SPDR Portfolio Emerging Markets ETF by 8.2% during the 2nd quarter. Verus Capital Partners LLC now owns 10,811 shares of the company’s stock worth $372,000 after buying an additional 821 shares during the period. Finally, David Kennon Inc boosted its holdings in shares of SPDR Portfolio Emerging Markets ETF by 2.5% during the 2nd quarter. David Kennon Inc now owns 149,560 shares of the company’s stock worth $5,142,000 after buying an additional 3,665 shares during the period.

SPDR Portfolio Emerging Markets ETF Trading Up 0.4 %

NYSEARCA SPEM opened at $33.93 on Tuesday. The company has a fifty day simple moving average of $33.58 and a 200 day simple moving average of $34.15. The company has a market cap of $7.26 billion, a P/E ratio of 10.59 and a beta of 0.68. SPDR Portfolio Emerging Markets ETF has a 1 year low of $31.44 and a 1 year high of $36.44.

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.