OLD Point Trust & Financial Services N A Takes Position in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM)

OLD Point Trust & Financial Services N A acquired a new stake in shares of SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) during the fourth quarter, Holdings Channel reports. The firm acquired 1,742 shares of the company’s stock, valued at approximately $67,000.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. PNC Financial Services Group Inc. increased its position in shares of SPDR Portfolio Emerging Markets ETF by 42.1% during the 3rd quarter. PNC Financial Services Group Inc. now owns 121,355 shares of the company’s stock valued at $5,010,000 after purchasing an additional 35,928 shares during the period. R. W. Roge & Company Inc. acquired a new stake in shares of SPDR Portfolio Emerging Markets ETF in the third quarter valued at $804,000. LPL Financial LLC boosted its stake in SPDR Portfolio Emerging Markets ETF by 5.2% during the third quarter. LPL Financial LLC now owns 9,644,278 shares of the company’s stock valued at $398,116,000 after buying an additional 476,292 shares in the last quarter. Integrated Investment Consultants LLC grew its holdings in SPDR Portfolio Emerging Markets ETF by 8.0% during the third quarter. Integrated Investment Consultants LLC now owns 162,892 shares of the company’s stock worth $6,724,000 after acquiring an additional 12,097 shares during the period. Finally, Banco Santander S.A. grew its holdings in SPDR Portfolio Emerging Markets ETF by 124.2% during the third quarter. Banco Santander S.A. now owns 325,787 shares of the company’s stock worth $13,448,000 after acquiring an additional 180,477 shares during the period.

SPDR Portfolio Emerging Markets ETF Trading Up 0.2 %

Shares of NYSEARCA SPEM opened at $40.55 on Thursday. SPDR Portfolio Emerging Markets ETF has a twelve month low of $35.00 and a twelve month high of $42.88. The firm has a 50-day moving average of $39.17 and a two-hundred day moving average of $39.58. The company has a market capitalization of $10.72 billion, a price-to-earnings ratio of 14.80 and a beta of 0.67.

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.