Hsbc Holdings PLC Takes Position in SPDR Portfolio Emerging Markets ETF $SPEM

Hsbc Holdings PLC acquired a new stake in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor acquired 64,289 shares of the company’s stock, valued at approximately $3,016,000.

Several other institutional investors have also modified their holdings of SPEM. Paces Ferry Wealth Advisors LLC raised its position in shares of SPDR Portfolio Emerging Markets ETF by 4.1% in the 4th quarter. Paces Ferry Wealth Advisors LLC now owns 5,051 shares of the company’s stock valued at $236,000 after purchasing an additional 200 shares in the last quarter. Trinity Wealth Management LLC increased its position in shares of SPDR Portfolio Emerging Markets ETF by 0.9% in the 1st quarter. Trinity Wealth Management LLC now owns 21,496 shares of the company’s stock worth $1,008,000 after purchasing an additional 201 shares during the last quarter. Kelman Lazarov Inc. lifted its position in shares of SPDR Portfolio Emerging Markets ETF by 3.3% during the first quarter. Kelman Lazarov Inc. now owns 6,272 shares of the company’s stock worth $294,000 after purchasing an additional 203 shares during the last quarter. Mascagni Wealth Management Inc. grew its stake in SPDR Portfolio Emerging Markets ETF by 4.8% in the fourth quarter. Mascagni Wealth Management Inc. now owns 4,499 shares of the company’s stock worth $211,000 after purchasing an additional 207 shares in the last quarter. Finally, River Street Advisors LLC raised its stake in SPDR Portfolio Emerging Markets ETF by 1.8% during the fourth quarter. River Street Advisors LLC now owns 12,122 shares of the company’s stock valued at $567,000 after buying an additional 209 shares in the last quarter.

SPDR Portfolio Emerging Markets ETF Trading Down 0.6%

Shares of NYSEARCA SPEM opened at $50.16 on Friday. The business has a 50 day simple moving average of $51.58 and a 200-day simple moving average of $50.09. SPDR Portfolio Emerging Markets ETF has a twelve month low of $42.66 and a twelve month high of $53.54. The company has a market capitalization of $16.98 billion, a price-to-earnings ratio of 15.39 and a beta of 0.60.

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.