Rovin Capital UT ADV bought a new stake in shares of SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM – Free Report) in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor bought 6,152 shares of the company’s stock, valued at approximately $223,000.
Several other large investors also recently modified their holdings of the stock. Anchor Investment Management LLC bought a new position in SPDR Portfolio Emerging Markets ETF during the fourth quarter valued at $28,000. American National Bank increased its holdings in SPDR Portfolio Emerging Markets ETF by 179.0% in the 4th quarter. American National Bank now owns 809 shares of the company’s stock worth $29,000 after acquiring an additional 519 shares during the last quarter. Carmichael Hill & Associates Inc. bought a new stake in SPDR Portfolio Emerging Markets ETF in the 3rd quarter valued at about $32,000. Frazier Financial Advisors LLC bought a new position in SPDR Portfolio Emerging Markets ETF during the fourth quarter worth about $32,000. Finally, FinTrust Capital Advisors LLC purchased a new position in shares of SPDR Portfolio Emerging Markets ETF in the third quarter worth about $36,000.
SPDR Portfolio Emerging Markets ETF Trading Down 1.3 %
Shares of SPEM stock traded down $0.49 during trading on Tuesday, reaching $36.44. 1,565,149 shares of the company’s stock traded hands, compared to its average volume of 1,899,191. The firm’s 50-day moving average is $36.05 and its 200 day moving average is $34.95. The company has a market capitalization of $8.65 billion, a P/E ratio of 12.30 and a beta of 0.79. SPDR Portfolio Emerging Markets ETF has a 1 year low of $32.06 and a 1 year high of $37.06.
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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