Royal Bank of Canada Has $54.19 Million Stock Holdings in SPDR Portfolio Emerging Markets ETF $SPEM

Royal Bank of Canada lifted its stake in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) by 8.1% in the first quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 1,155,291 shares of the company’s stock after purchasing an additional 86,967 shares during the quarter. Royal Bank of Canada owned 0.34% of SPDR Portfolio Emerging Markets ETF worth $54,194,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors have also recently bought and sold shares of the stock. First Command Advisory Services Inc. acquired a new position in SPDR Portfolio Emerging Markets ETF in the 4th quarter worth approximately $26,000. Ascentis Independent Advisors purchased a new stake in SPDR Portfolio Emerging Markets ETF in the 1st quarter worth about $27,000. Safe Harbor Fiduciary LLC acquired a new stake in SPDR Portfolio Emerging Markets ETF during the 4th quarter worth about $32,000. Front Row Advisors LLC boosted its holdings in shares of SPDR Portfolio Emerging Markets ETF by 147.9% during the third quarter. Front Row Advisors LLC now owns 771 shares of the company’s stock worth $36,000 after purchasing an additional 460 shares during the period. Finally, IFC & Insurance Marketing Inc. purchased a new position in shares of SPDR Portfolio Emerging Markets ETF during the 4th quarter valued at $37,000.

SPDR Portfolio Emerging Markets ETF Trading Up 0.8%

Shares of NYSEARCA:SPEM opened at $50.93 on Friday. The firm has a market cap of $17.24 billion, a price-to-earnings ratio of 15.39 and a beta of 0.60. SPDR Portfolio Emerging Markets ETF has a 1 year low of $42.66 and a 1 year high of $53.54. The business has a fifty day simple moving average of $51.51 and a 200 day simple moving average of $50.16.

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.