SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) Sees Strong Trading Volume – Here’s What Happened

by · The Cerbat Gem

SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM – Get Free Report) saw an uptick in trading volume on Monday . 8,334,579 shares changed hands during trading, an increase of 155% from the previous session’s volume of 3,266,014 shares.The stock last traded at $49.8250 and had previously closed at $50.51.

SPDR Portfolio Emerging Markets ETF Trading Down 1.4%

The company has a fifty day simple moving average of $49.06 and a 200-day simple moving average of $47.39. The company has a market capitalization of $16.63 billion, a PE ratio of 15.39 and a beta of 0.56.

Institutional Investors Weigh In On SPDR Portfolio Emerging Markets ETF

Hedge funds have recently modified their holdings of the company. First Command Advisory Services Inc. acquired a new position in SPDR Portfolio Emerging Markets ETF in the 4th quarter valued at about $26,000. Hantz Financial Services Inc. raised its position in shares of SPDR Portfolio Emerging Markets ETF by 2,031.0% during the 3rd quarter. Hantz Financial Services Inc. now owns 618 shares of the company’s stock valued at $27,000 after buying an additional 589 shares during the period. First Horizon Corp acquired a new position in SPDR Portfolio Emerging Markets ETF in the third quarter valued at approximately $29,000. Safe Harbor Fiduciary LLC purchased a new position in SPDR Portfolio Emerging Markets ETF in the fourth quarter worth approximately $32,000. Finally, Front Row Advisors LLC grew its position in SPDR Portfolio Emerging Markets ETF by 147.9% in the third quarter. Front Row Advisors LLC now owns 771 shares of the company’s stock worth $36,000 after acquiring an additional 460 shares during the period.

SPDR Portfolio Emerging Markets ETF Company Profile

(Get Free Report)

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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