Truist Financial Corp Boosts Stock Position in SPDR Portfolio Emerging Markets ETF $SPEM

Truist Financial Corp increased its stake in shares of SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) by 10.1% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 96,702 shares of the company’s stock after purchasing an additional 8,909 shares during the quarter. Truist Financial Corp’s holdings in SPDR Portfolio Emerging Markets ETF were worth $4,133,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also modified their holdings of the company. Elwood & Goetz Wealth Advisory Group LLC grew its holdings in shares of SPDR Portfolio Emerging Markets ETF by 1.3% during the second quarter. Elwood & Goetz Wealth Advisory Group LLC now owns 58,447 shares of the company’s stock worth $2,498,000 after buying an additional 733 shares in the last quarter. K2 Financial Inc. grew its stake in SPDR Portfolio Emerging Markets ETF by 4.9% in the 2nd quarter. K2 Financial Inc. now owns 10,586 shares of the company’s stock worth $456,000 after acquiring an additional 497 shares during the period. Northwest Wealth Management LLC grew its stake in SPDR Portfolio Emerging Markets ETF by 3.5% in the 2nd quarter. Northwest Wealth Management LLC now owns 21,848 shares of the company’s stock worth $934,000 after acquiring an additional 741 shares during the period. LexAurum Advisors LLC grew its position in shares of SPDR Portfolio Emerging Markets ETF by 29.9% in the second quarter. LexAurum Advisors LLC now owns 215,528 shares of the company’s stock valued at $9,212,000 after purchasing an additional 49,661 shares during the period. Finally, Kavar Capital Partners Group LLC purchased a new stake in shares of SPDR Portfolio Emerging Markets ETF in the second quarter valued at $202,000.

SPDR Portfolio Emerging Markets ETF Stock Up 0.6%

Shares of NYSEARCA:SPEM opened at $47.53 on Thursday. The company has a market cap of $14.62 billion, a P/E ratio of 15.39 and a beta of 0.68. SPDR Portfolio Emerging Markets ETF has a 52 week low of $34.38 and a 52 week high of $47.67. The business has a fifty day simple moving average of $45.29 and a 200-day simple moving average of $42.42.

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.