Ade LLC Buys 660 Shares of SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM)

Ade LLC raised its stake in shares of SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) by 0.7% during the 4th quarter, according to the company in its most recent filing with the SEC. The firm owned 100,976 shares of the company’s stock after purchasing an additional 660 shares during the quarter. SPDR Portfolio Emerging Markets ETF accounts for about 2.5% of Ade LLC’s investment portfolio, making the stock its 11th biggest position. Ade LLC’s holdings in SPDR Portfolio Emerging Markets ETF were worth $3,576,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds also recently made changes to their positions in the stock. Anchor Investment Management LLC bought a new stake in SPDR Portfolio Emerging Markets ETF in the fourth quarter valued at about $28,000. Sanctuary Wealth Management L.L.C. bought a new stake in SPDR Portfolio Emerging Markets ETF in the fourth quarter valued at about $28,000. PCA Investment Advisory Services Inc. bought a new stake in SPDR Portfolio Emerging Markets ETF in the second quarter valued at about $32,000. Carmichael Hill & Associates Inc. bought a new stake in SPDR Portfolio Emerging Markets ETF in the third quarter valued at about $32,000. Finally, BNP Paribas Arbitrage SNC bought a new stake in SPDR Portfolio Emerging Markets ETF in the first quarter valued at about $36,000.

SPDR Portfolio Emerging Markets ETF Stock Performance

SPDR Portfolio Emerging Markets ETF stock traded up $0.11 during trading hours on Thursday, hitting $35.49. 1,114,541 shares of the stock were exchanged, compared to its average volume of 1,925,041. The stock has a market capitalization of $8.43 billion, a P/E ratio of 12.11 and a beta of 0.78. SPDR Portfolio Emerging Markets ETF has a 12 month low of $32.06 and a 12 month high of $37.06. The business’s 50-day moving average is $35.86 and its two-hundred day moving average is $34.77.

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.