Elm Partners Management LLC grew its holdings in shares of SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM – Free Report) by 23.5% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 876,410 shares of the company’s stock after buying an additional 166,863 shares during the quarter. SPDR Portfolio Emerging Markets ETF accounts for 1.9% of Elm Partners Management LLC’s portfolio, making the stock its 15th largest position. Elm Partners Management LLC owned about 0.26% of SPDR Portfolio Emerging Markets ETF worth $41,025,000 as of its most recent SEC filing.
Other institutional investors also recently bought and sold shares of the company. Brighton Jones LLC purchased a new position in shares of SPDR Portfolio Emerging Markets ETF in the fourth quarter valued at $289,000. AQR Capital Management LLC boosted its stake in shares of SPDR Portfolio Emerging Markets ETF by 80.2% in the first quarter. AQR Capital Management LLC now owns 31,388 shares of the company’s stock valued at $1,236,000 after purchasing an additional 13,972 shares during the period. Goldman Sachs Group Inc. boosted its stake in shares of SPDR Portfolio Emerging Markets ETF by 6.6% in the first quarter. Goldman Sachs Group Inc. now owns 104,799 shares of the company’s stock valued at $4,126,000 after purchasing an additional 6,463 shares during the period. First Trust Advisors LP boosted its stake in shares of SPDR Portfolio Emerging Markets ETF by 2.8% in the second quarter. First Trust Advisors LP now owns 9,682 shares of the company’s stock valued at $414,000 after purchasing an additional 263 shares during the period. Finally, Marshall Wace LLP purchased a new position in shares of SPDR Portfolio Emerging Markets ETF in the second quarter valued at $768,000.
SPDR Portfolio Emerging Markets ETF Trading Down 0.2%
Shares of SPEM stock opened at $52.33 on Friday. The company has a market capitalization of $17.94 billion, a PE ratio of 15.39 and a beta of 0.60. The firm has a fifty day simple moving average of $49.86 and a 200-day simple moving average of $48.78. SPDR Portfolio Emerging Markets ETF has a twelve month low of $40.67 and a twelve month high of $53.03.
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.
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