Range Advisory LLC Has $31.59 Million Stake in SPDR Portfolio Emerging Markets ETF $SPEM

Range Advisory LLC boosted its stake in shares of SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) by 43.3% in the 2nd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 610,099 shares of the company’s stock after acquiring an additional 184,329 shares during the period. SPDR Portfolio Emerging Markets ETF accounts for 3.7% of Range Advisory LLC’s portfolio, making the stock its 4th largest holding. Range Advisory LLC’s holdings in SPDR Portfolio Emerging Markets ETF were worth $31,591,000 as of its most recent filing with the SEC.

Several other hedge funds have also bought and sold shares of SPEM. First Command Advisory Services Inc. bought a new position in shares of SPDR Portfolio Emerging Markets ETF during the 4th quarter valued at about $26,000. Ascentis Independent Advisors bought a new stake in shares of SPDR Portfolio Emerging Markets ETF in the first quarter worth about $27,000. Safe Harbor Fiduciary LLC bought a new stake in shares of SPDR Portfolio Emerging Markets ETF in the fourth quarter worth about $32,000. Robinswood Financial LLC bought a new stake in SPDR Portfolio Emerging Markets ETF in the 1st quarter worth approximately $32,000. Finally, Front Row Advisors LLC boosted its position in shares of SPDR Portfolio Emerging Markets ETF by 147.9% during the 3rd quarter. Front Row Advisors LLC now owns 771 shares of the company’s stock valued at $36,000 after acquiring an additional 460 shares during the last quarter.

SPDR Portfolio Emerging Markets ETF Price Performance

SPEM stock opened at $53.41 on Tuesday. SPDR Portfolio Emerging Markets ETF has a 52 week low of $44.62 and a 52 week high of $53.54. The company has a fifty day simple moving average of $51.70 and a two-hundred day simple moving average of $50.69. The firm has a market capitalization of $18.08 billion, a P/E ratio of 15.39 and a beta of 0.61.

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.