Detalus Advisors LLC Increases Position in SPDR Portfolio Emerging Markets ETF $SPEM

Detalus Advisors LLC raised its holdings in shares of SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) by 305.5% in the third quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 94,725 shares of the company’s stock after purchasing an additional 71,363 shares during the period. SPDR Portfolio Emerging Markets ETF accounts for 1.1% of Detalus Advisors LLC’s portfolio, making the stock its 21st largest position. Detalus Advisors LLC’s holdings in SPDR Portfolio Emerging Markets ETF were worth $4,434,000 as of its most recent SEC filing.

Other hedge funds have also recently made changes to their positions in the company. First Horizon Corp purchased a new stake in shares of SPDR Portfolio Emerging Markets ETF in the 3rd quarter worth approximately $29,000. Sachetta LLC boosted its holdings in SPDR Portfolio Emerging Markets ETF by 2,263.9% in the second quarter. Sachetta LLC now owns 851 shares of the company’s stock worth $36,000 after acquiring an additional 815 shares in the last quarter. Stone House Investment Management LLC purchased a new stake in shares of SPDR Portfolio Emerging Markets ETF in the third quarter worth $40,000. Addison Advisors LLC bought a new position in shares of SPDR Portfolio Emerging Markets ETF during the second quarter valued at $49,000. Finally, Blue Trust Inc. raised its position in shares of SPDR Portfolio Emerging Markets ETF by 539.1% in the 3rd quarter. Blue Trust Inc. now owns 1,227 shares of the company’s stock worth $57,000 after purchasing an additional 1,035 shares during the last quarter.

SPDR Portfolio Emerging Markets ETF Price Performance

Shares of SPDR Portfolio Emerging Markets ETF stock opened at $48.82 on Thursday. The stock has a market cap of $16.15 billion, a price-to-earnings ratio of 15.39 and a beta of 0.56. The firm’s 50-day moving average is $47.27 and its 200 day moving average is $46.10. SPDR Portfolio Emerging Markets ETF has a 1 year low of $34.38 and a 1 year high of $49.19.

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.