CW Advisors LLC lowered its stake in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM – Free Report) by 7.5% in the second quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 139,418 shares of the company’s stock after selling 11,348 shares during the quarter. CW Advisors LLC’s holdings in SPDR Portfolio Emerging Markets ETF were worth $5,959,000 as of its most recent filing with the SEC.
Other hedge funds have also modified their holdings of the company. Knuff & Co LLC acquired a new stake in SPDR Portfolio Emerging Markets ETF in the first quarter valued at approximately $29,000. Brooklyn Investment Group purchased a new position in shares of SPDR Portfolio Emerging Markets ETF in the first quarter valued at $32,000. Sachetta LLC grew its holdings in SPDR Portfolio Emerging Markets ETF by 2,263.9% during the 2nd quarter. Sachetta LLC now owns 851 shares of the company’s stock valued at $36,000 after purchasing an additional 815 shares in the last quarter. Webster Bank N. A. acquired a new stake in SPDR Portfolio Emerging Markets ETF during the 2nd quarter valued at $40,000. Finally, Addison Advisors LLC purchased a new stake in SPDR Portfolio Emerging Markets ETF during the 2nd quarter worth $49,000.
SPDR Portfolio Emerging Markets ETF Price Performance
Shares of SPEM stock opened at $47.16 on Friday. The company’s fifty day moving average price is $47.15 and its two-hundred day moving average price is $44.82. The firm has a market capitalization of $14.56 billion, a P/E ratio of 15.39 and a beta of 0.56. SPDR Portfolio Emerging Markets ETF has a 12 month low of $34.38 and a 12 month high of $48.56.
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.
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