SPDR Portfolio Emerging Markets ETF $SPEM Shares Newly Purchased by Verus Capital Partners LLC

Verus Capital Partners LLC bought a new position in shares of SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm bought 18,846 shares of the company’s stock, valued at approximately $975,000.

Other large investors have also recently modified their holdings of the company. State Street Corp increased its holdings in SPDR Portfolio Emerging Markets ETF by 6.7% in the second quarter. State Street Corp now owns 5,231,398 shares of the company’s stock valued at $270,882,000 after purchasing an additional 329,626 shares during the period. Vantagepoint Investment Advisers LLC acquired a new position in shares of SPDR Portfolio Emerging Markets ETF in the 3rd quarter worth approximately $130,375,000. Envestnet Portfolio Solutions Inc. lifted its position in shares of SPDR Portfolio Emerging Markets ETF by 12.6% in the 2nd quarter. Envestnet Portfolio Solutions Inc. now owns 2,123,055 shares of the company’s stock worth $109,932,000 after purchasing an additional 237,526 shares during the period. Royal Bank of Canada boosted its stake in shares of SPDR Portfolio Emerging Markets ETF by 8.1% in the 1st quarter. Royal Bank of Canada now owns 1,155,291 shares of the company’s stock valued at $54,194,000 after purchasing an additional 86,967 shares during the last quarter. Finally, NewEdge Advisors LLC increased its position in shares of SPDR Portfolio Emerging Markets ETF by 30.3% during the second quarter. NewEdge Advisors LLC now owns 879,360 shares of the company’s stock worth $45,533,000 after buying an additional 204,270 shares during the period.

SPDR Portfolio Emerging Markets ETF Price Performance

Shares of NYSEARCA SPEM opened at $48.22 on Monday. The company has a market capitalization of $16.04 billion, a PE ratio of 15.39 and a beta of 0.63. SPDR Portfolio Emerging Markets ETF has a twelve month low of $45.28 and a twelve month high of $53.54. The firm has a fifty day simple moving average of $51.42 and a 200 day simple moving average of $50.71.

SPDR Portfolio Emerging Markets ETF 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.