Goldman Sachs Group Inc. Has $4.13 Million Stock Position in SPDR Portfolio Emerging Markets ETF $SPEM

Goldman Sachs Group Inc. grew its holdings in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) by 6.6% during the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 104,799 shares of the company’s stock after purchasing an additional 6,463 shares during the period. Goldman Sachs Group Inc.’s holdings in SPDR Portfolio Emerging Markets ETF were worth $4,126,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Brighton Jones LLC acquired a new stake in shares of SPDR Portfolio Emerging Markets ETF during the fourth quarter worth $289,000. Northern Trust Corp lifted its holdings in shares of SPDR Portfolio Emerging Markets ETF by 16.1% during the fourth quarter. Northern Trust Corp now owns 8,648 shares of the company’s stock worth $332,000 after buying an additional 1,200 shares in the last quarter. Royal Bank of Canada boosted its holdings in SPDR Portfolio Emerging Markets ETF by 11.7% in the fourth quarter. Royal Bank of Canada now owns 1,097,891 shares of the company’s stock valued at $42,126,000 after acquiring an additional 115,140 shares during the last quarter. Waverly Advisors LLC boosted its holdings in SPDR Portfolio Emerging Markets ETF by 1.7% in the fourth quarter. Waverly Advisors LLC now owns 144,229 shares of the company’s stock valued at $5,534,000 after acquiring an additional 2,371 shares during the last quarter. Finally, Continuum Advisory LLC boosted its holdings in SPDR Portfolio Emerging Markets ETF by 2.1% in the fourth quarter. Continuum Advisory LLC now owns 87,960 shares of the company’s stock valued at $3,375,000 after acquiring an additional 1,846 shares during the last quarter.

SPDR Portfolio Emerging Markets ETF Price Performance

Shares of SPEM stock opened at $46.91 on Thursday. The business’s 50 day simple moving average is $44.26 and its 200 day simple moving average is $41.68. SPDR Portfolio Emerging Markets ETF has a one year low of $34.38 and a one year high of $47.21. The stock has a market capitalization of $13.65 billion, a PE ratio of 15.39 and a beta of 0.68.

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.