State Street Corp Buys 591,019 Shares of SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM)

State Street Corp raised its stake in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) by 10.4% during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 6,290,419 shares of the company’s stock after buying an additional 591,019 shares during the quarter. State Street Corp owned about 2.65% of SPDR Portfolio Emerging Markets ETF worth $259,668,000 at the end of the most recent reporting period.

Other institutional investors have also recently bought and sold shares of the company. ORG Partners LLC acquired a new stake in shares of SPDR Portfolio Emerging Markets ETF in the second quarter valued at approximately $436,000. Cornerstone Wealth Management LLC raised its holdings in shares of SPDR Portfolio Emerging Markets ETF by 5.1% in the second quarter. Cornerstone Wealth Management LLC now owns 53,803 shares of the company’s stock valued at $2,027,000 after purchasing an additional 2,602 shares during the last quarter. AdvisorNet Financial Inc raised its holdings in shares of SPDR Portfolio Emerging Markets ETF by 13.5% in the second quarter. AdvisorNet Financial Inc now owns 4,874 shares of the company’s stock valued at $184,000 after purchasing an additional 581 shares during the last quarter. Cobblestone Asset Management LLC increased its holdings in SPDR Portfolio Emerging Markets ETF by 126.0% during the second quarter. Cobblestone Asset Management LLC now owns 83,769 shares of the company’s stock worth $3,156,000 after buying an additional 46,699 shares during the last quarter. Finally, Epic Trust Investment Advisors LLC increased its holdings in SPDR Portfolio Emerging Markets ETF by 3.4% during the second quarter. Epic Trust Investment Advisors LLC now owns 9,367 shares of the company’s stock worth $353,000 after buying an additional 304 shares during the last quarter.

SPDR Portfolio Emerging Markets ETF Trading Down 2.0 %

Shares of SPEM opened at $40.26 on Wednesday. The company has a market cap of $9.56 billion, a price-to-earnings ratio of 13.05 and a beta of 0.81. SPDR Portfolio Emerging Markets ETF has a 1-year low of $33.52 and a 1-year high of $42.88. The company’s fifty day simple moving average is $40.43 and its 200 day simple moving average is $39.00.

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.