CSM Advisors LLC Raises Stock Position in SPDR Portfolio Emerging Markets ETF $SPEM

CSM Advisors LLC grew its stake in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) by 79.6% in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 55,258 shares of the company’s stock after purchasing an additional 24,487 shares during the quarter. CSM Advisors LLC’s holdings in SPDR Portfolio Emerging Markets ETF were worth $2,586,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Ausdal Financial Partners Inc. purchased a new stake in SPDR Portfolio Emerging Markets ETF in the third quarter worth about $629,000. Bank of America Corp DE grew its holdings in shares of SPDR Portfolio Emerging Markets ETF by 54.2% during the 3rd quarter. Bank of America Corp DE now owns 2,300,860 shares of the company’s stock worth $107,703,000 after acquiring an additional 809,020 shares during the period. TRUE Private Wealth Advisors grew its holdings in shares of SPDR Portfolio Emerging Markets ETF by 6.1% during the 3rd quarter. TRUE Private Wealth Advisors now owns 29,640 shares of the company’s stock worth $1,387,000 after acquiring an additional 1,696 shares during the period. Equitable Holdings Inc. raised its position in shares of SPDR Portfolio Emerging Markets ETF by 9.6% in the 3rd quarter. Equitable Holdings Inc. now owns 1,080,240 shares of the company’s stock worth $50,566,000 after acquiring an additional 94,890 shares in the last quarter. Finally, Valley Financial Group Inc. boosted its position in shares of SPDR Portfolio Emerging Markets ETF by 1.4% during the third quarter. Valley Financial Group Inc. now owns 17,638 shares of the company’s stock valued at $826,000 after purchasing an additional 250 shares in the last quarter.

SPDR Portfolio Emerging Markets ETF Stock Up 1.7%

Shares of SPEM stock opened at $47.76 on Tuesday. The stock has a market cap of $15.95 billion, a price-to-earnings ratio of 15.39 and a beta of 0.56. The business’s fifty day moving average is $49.27 and its 200 day moving average is $47.66. SPDR Portfolio Emerging Markets ETF has a twelve month low of $34.38 and a twelve month high of $51.35.

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.