Optas LLC Sells 15,833 Shares of SPDR Portfolio Emerging Markets ETF $SPEM

Optas LLC lowered its stake in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) by 13.3% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 103,008 shares of the company’s stock after selling 15,833 shares during the period. SPDR Portfolio Emerging Markets ETF accounts for approximately 0.8% of Optas LLC’s holdings, making the stock its 23rd biggest holding. Optas LLC’s holdings in SPDR Portfolio Emerging Markets ETF were worth $4,822,000 as of its most recent SEC filing.

A number of other hedge funds have also added to or reduced their stakes in SPEM. Charles Schwab Investment Management Inc. lifted its position in shares of SPDR Portfolio Emerging Markets ETF by 6,487.0% in the 2nd quarter. Charles Schwab Investment Management Inc. now owns 10,916,062 shares of the company’s stock worth $466,552,000 after purchasing an additional 10,750,340 shares during the period. 3EDGE Asset Management LP raised its stake in SPDR Portfolio Emerging Markets ETF by 309.6% in the second quarter. 3EDGE Asset Management LP now owns 3,182,524 shares of the company’s stock worth $135,997,000 after buying an additional 2,405,474 shares in the last quarter. Jane Street Group LLC purchased a new stake in SPDR Portfolio Emerging Markets ETF in the first quarter worth about $57,992,000. Betterment LLC lifted its holdings in SPDR Portfolio Emerging Markets ETF by 124.5% in the second quarter. Betterment LLC now owns 1,824,389 shares of the company’s stock worth $77,974,000 after buying an additional 1,011,871 shares during the period. Finally, Cassaday & Co Wealth Management LLC boosted its position in SPDR Portfolio Emerging Markets ETF by 686.2% during the 2nd quarter. Cassaday & Co Wealth Management LLC now owns 1,141,575 shares of the company’s stock valued at $48,791,000 after acquiring an additional 996,366 shares in the last quarter.

SPDR Portfolio Emerging Markets ETF Stock Performance

SPEM stock opened at $46.71 on Wednesday. SPDR Portfolio Emerging Markets ETF has a fifty-two week low of $34.38 and a fifty-two week high of $48.56. The company has a market capitalization of $14.42 billion, a price-to-earnings ratio of 15.39 and a beta of 0.56. The business’s 50 day moving average price is $47.12 and its two-hundred day moving average price is $45.31.

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.