SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) Short Interest Update

SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) saw a large decline in short interest during the month of July. As of July 31st, there was short interest totaling 1,675,718 shares, a decline of 45.7% from the July 15th total of 3,083,392 shares. Approximately 0.5% of the company’s stock are short sold. Based on an average daily volume of 2,168,849 shares, the short-interest ratio is currently 0.8 days.

SPDR Portfolio Emerging Markets ETF Price Performance

Shares of SPEM stock traded up $0.25 on Monday, hitting $52.43. 1,510,538 shares of the stock traded hands, compared to its average volume of 2,827,141. The company has a market capitalization of $17.75 billion, a PE ratio of 15.39 and a beta of 0.60. SPDR Portfolio Emerging Markets ETF has a 1-year low of $43.91 and a 1-year high of $53.54. The company’s fifty day moving average is $51.49 and its 200 day moving average is $50.41.

Institutional Investors Weigh In On SPDR Portfolio Emerging Markets ETF

Several institutional investors and hedge funds have recently bought and sold shares of SPEM. Paces Ferry Wealth Advisors LLC increased its stake in SPDR Portfolio Emerging Markets ETF by 4.1% in the 4th quarter. Paces Ferry Wealth Advisors LLC now owns 5,051 shares of the company’s stock worth $236,000 after purchasing an additional 200 shares during the period. Trinity Wealth Management LLC boosted its stake in shares of SPDR Portfolio Emerging Markets ETF by 0.9% during the first quarter. Trinity Wealth Management LLC now owns 21,496 shares of the company’s stock valued at $1,008,000 after purchasing an additional 201 shares during the period. Kelman Lazarov Inc. grew its holdings in shares of SPDR Portfolio Emerging Markets ETF by 3.3% in the first quarter. Kelman Lazarov Inc. now owns 6,272 shares of the company’s stock worth $294,000 after purchasing an additional 203 shares during the last quarter. Mascagni Wealth Management Inc. grew its holdings in shares of SPDR Portfolio Emerging Markets ETF by 4.8% in the fourth quarter. Mascagni Wealth Management Inc. now owns 4,499 shares of the company’s stock worth $211,000 after purchasing an additional 207 shares during the last quarter. Finally, Kraft Davis & Associates LLC increased its stake in shares of SPDR Portfolio Emerging Markets ETF by 1.7% in the second quarter. Kraft Davis & Associates LLC now owns 12,406 shares of the company’s stock worth $634,000 after buying an additional 207 shares during the period.

SPDR Portfolio Emerging Markets ETF Company 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.