SPDR Portfolio Emerging Markets ETF $SPEM Position Increased by Rossby Financial LCC

Rossby Financial LCC increased its position in shares of SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) by 268.8% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,914 shares of the company’s stock after acquiring an additional 1,395 shares during the period. Rossby Financial LCC’s holdings in SPDR Portfolio Emerging Markets ETF were worth $82,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also modified their holdings of the company. Golden State Wealth Management LLC increased its position in SPDR Portfolio Emerging Markets ETF by 66.1% during the first quarter. Golden State Wealth Management LLC now owns 7,133 shares of the company’s stock worth $281,000 after buying an additional 2,839 shares during the last quarter. Truist Financial Corp increased its position in SPDR Portfolio Emerging Markets ETF by 10.1% during the second quarter. Truist Financial Corp now owns 96,702 shares of the company’s stock worth $4,133,000 after buying an additional 8,909 shares during the last quarter. Focus Financial Network Inc. increased its position in SPDR Portfolio Emerging Markets ETF by 3.8% during the second quarter. Focus Financial Network Inc. now owns 7,195 shares of the company’s stock worth $307,000 after buying an additional 263 shares during the last quarter. Janney Montgomery Scott LLC acquired a new position in SPDR Portfolio Emerging Markets ETF during the second quarter worth $1,182,000. Finally, Goldman Sachs Group Inc. increased its position in SPDR Portfolio Emerging Markets ETF by 6.6% during the first quarter. Goldman Sachs Group Inc. now owns 104,799 shares of the company’s stock worth $4,126,000 after buying an additional 6,463 shares during the last quarter.

SPDR Portfolio Emerging Markets ETF Stock Performance

Shares of NYSEARCA:SPEM opened at $48.31 on Thursday. The company has a market cap of $14.86 billion, a P/E ratio of 15.39 and a beta of 0.56. The stock’s 50-day moving average is $46.30 and its 200-day moving average is $43.45. SPDR Portfolio Emerging Markets ETF has a 52-week low of $34.38 and a 52-week high of $48.56.

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.