Tidemark LLC decreased its stake in shares of SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM – Free Report) by 14.6% during the third quarter, according to its most recent filing with the SEC. The institutional investor owned 2,377 shares of the company’s stock after selling 405 shares during the period. Tidemark LLC’s holdings in SPDR Portfolio Emerging Markets ETF were worth $98,000 as of its most recent SEC filing.
A number of other hedge funds have also added to or reduced their stakes in SPEM. Rothschild Investment LLC purchased a new position in SPDR Portfolio Emerging Markets ETF during the second quarter valued at approximately $27,000. Lynx Investment Advisory bought a new stake in SPDR Portfolio Emerging Markets ETF during the second quarter valued at $35,000. Archer Investment Corp purchased a new position in SPDR Portfolio Emerging Markets ETF during the third quarter worth about $39,000. Hershey Financial Advisers LLC bought a new position in SPDR Portfolio Emerging Markets ETF in the 2nd quarter worth about $49,000. Finally, Strategic Financial Concepts LLC raised its holdings in shares of SPDR Portfolio Emerging Markets ETF by 649.3% in the 2nd quarter. Strategic Financial Concepts LLC now owns 148,707 shares of the company’s stock valued at $56,000 after acquiring an additional 128,861 shares in the last quarter.
SPDR Portfolio Emerging Markets ETF Price Performance
SPEM stock opened at $39.01 on Monday. The firm has a 50 day simple moving average of $40.35 and a two-hundred day simple moving average of $38.80. SPDR Portfolio Emerging Markets ETF has a one year low of $33.52 and a one year high of $42.88. The stock has a market cap of $9.26 billion, a PE ratio of 13.05 and a beta of 0.81.
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.
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