Renaissance Technologies LLC Purchases 123,900 Shares of SPDR Portfolio Emerging Markets ETF $SPEM

Renaissance Technologies LLC raised its position in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) by 579.0% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 145,300 shares of the company’s stock after acquiring an additional 123,900 shares during the quarter. Renaissance Technologies LLC’s holdings in SPDR Portfolio Emerging Markets ETF were worth $6,816,000 at the end of the most recent quarter.

A number of other hedge funds have also recently modified their holdings of SPEM. Compound Planning Inc. boosted its holdings in shares of SPDR Portfolio Emerging Markets ETF by 2.6% during the first quarter. Compound Planning Inc. now owns 44,065 shares of the company’s stock worth $2,067,000 after purchasing an additional 1,126 shares during the period. Liberty One Investment Management LLC increased its holdings in SPDR Portfolio Emerging Markets ETF by 5.8% during the 1st quarter. Liberty One Investment Management LLC now owns 24,187 shares of the company’s stock valued at $1,135,000 after purchasing an additional 1,332 shares during the period. Gibbs Wealth Management increased its holdings in SPDR Portfolio Emerging Markets ETF by 120.9% during the 1st quarter. Gibbs Wealth Management now owns 247,499 shares of the company’s stock valued at $11,610,000 after purchasing an additional 135,460 shares during the period. Wealthspire Retirement LLC raised its position in SPDR Portfolio Emerging Markets ETF by 2.7% during the 1st quarter. Wealthspire Retirement LLC now owns 26,989 shares of the company’s stock valued at $1,266,000 after purchasing an additional 718 shares during the last quarter. Finally, Signature Equity Partners LLC raised its position in SPDR Portfolio Emerging Markets ETF by 21,390.9% during the 1st quarter. Signature Equity Partners LLC now owns 2,364 shares of the company’s stock valued at $111,000 after purchasing an additional 2,353 shares during the last quarter.

SPDR Portfolio Emerging Markets ETF Stock Performance

NYSEARCA SPEM opened at $52.02 on Wednesday. SPDR Portfolio Emerging Markets ETF has a fifty-two week low of $43.22 and a fifty-two week high of $53.54. The stock has a 50 day simple moving average of $51.50 and a two-hundred day simple moving average of $50.21. The stock has a market cap of $17.61 billion, a P/E ratio of 15.39 and a beta of 0.60.

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.