SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) Short Interest Update

SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) was the recipient of a large increase in short interest in March. As of March 13th, there was short interest totaling 7,053,002 shares, an increase of 344.4% from the February 26th total of 1,586,977 shares. Based on an average trading volume of 5,260,613 shares, the short-interest ratio is presently 1.3 days. Approximately 2.1% of the shares of the stock are short sold. Approximately 2.1% of the shares of the stock are short sold. Based on an average trading volume of 5,260,613 shares, the short-interest ratio is presently 1.3 days.

SPDR Portfolio Emerging Markets ETF Trading Down 0.9%

Shares of SPEM opened at $46.19 on Wednesday. The stock has a 50-day moving average price of $49.07 and a 200-day moving average price of $47.75. The company has a market cap of $15.43 billion, a PE ratio of 15.39 and a beta of 0.56. SPDR Portfolio Emerging Markets ETF has a 12-month low of $34.38 and a 12-month high of $51.35.

Institutional Inflows and Outflows

A number of institutional investors have recently added to or reduced their stakes in SPEM. CWM LLC increased its holdings in shares of SPDR Portfolio Emerging Markets ETF by 3.3% in the third quarter. CWM LLC now owns 2,263,731 shares of the company’s stock worth $105,965,000 after buying an additional 73,219 shares during the period. BlueStem Wealth Partners LLC increased its stake in shares of SPDR Portfolio Emerging Markets ETF by 6.7% in the third quarter. BlueStem Wealth Partners LLC now owns 1,049,706 shares of the company’s stock worth $49,137,000 after buying an additional 65,492 shares during the period. Farther Finance Advisors LLC boosted its position in SPDR Portfolio Emerging Markets ETF by 45.5% during the 3rd quarter. Farther Finance Advisors LLC now owns 58,564 shares of the company’s stock valued at $2,741,000 after buying an additional 18,303 shares during the period. Cerity Partners LLC grew its holdings in SPDR Portfolio Emerging Markets ETF by 0.7% in the 3rd quarter. Cerity Partners LLC now owns 2,688,945 shares of the company’s stock worth $125,869,000 after acquiring an additional 18,041 shares during the last quarter. Finally, Axos Invest Inc. bought a new position in shares of SPDR Portfolio Emerging Markets ETF during the third quarter valued at about $1,471,000.

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.