Northern Trust Corp Acquires 1,200 Shares of SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM)

Northern Trust Corp lifted its holdings in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) by 16.1% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 8,648 shares of the company’s stock after acquiring an additional 1,200 shares during the period. Northern Trust Corp’s holdings in SPDR Portfolio Emerging Markets ETF were worth $332,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also recently made changes to their positions in the company. Headlands Technologies LLC bought a new stake in SPDR Portfolio Emerging Markets ETF in the 4th quarter valued at about $26,000. IMG Wealth Management Inc. acquired a new position in SPDR Portfolio Emerging Markets ETF during the 4th quarter worth approximately $27,000. Compass Planning Associates Inc acquired a new position in SPDR Portfolio Emerging Markets ETF during the 4th quarter worth approximately $28,000. Bernard Wealth Management Corp. acquired a new position in SPDR Portfolio Emerging Markets ETF during the 4th quarter worth approximately $50,000. Finally, Rialto Wealth Management LLC acquired a new position in SPDR Portfolio Emerging Markets ETF during the 4th quarter worth approximately $60,000.

SPDR Portfolio Emerging Markets ETF Stock Performance

SPEM stock opened at $40.88 on Monday. The stock’s 50 day simple moving average is $39.40 and its 200 day simple moving average is $39.31. SPDR Portfolio Emerging Markets ETF has a fifty-two week low of $34.38 and a fifty-two week high of $42.88. The company has a market cap of $11.51 billion, a P/E ratio of 14.73 and a beta of 0.56.

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.