Ieq Capital LLC Purchases New Stake in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM)

Ieq Capital LLC acquired a new position in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund acquired 42,770 shares of the company’s stock, valued at approximately $1,641,000.

Other hedge funds have also recently added to or reduced their stakes in the company. LPL Financial LLC lifted its stake in SPDR Portfolio Emerging Markets ETF by 5.2% in the third quarter. LPL Financial LLC now owns 9,644,278 shares of the company’s stock valued at $398,116,000 after buying an additional 476,292 shares during the last quarter. Allworth Financial LP increased its holdings in shares of SPDR Portfolio Emerging Markets ETF by 3.0% in the 4th quarter. Allworth Financial LP now owns 6,486,557 shares of the company’s stock worth $250,381,000 after acquiring an additional 189,092 shares during the period. State Street Corp lifted its position in SPDR Portfolio Emerging Markets ETF by 10.4% in the 3rd quarter. State Street Corp now owns 6,290,419 shares of the company’s stock valued at $259,668,000 after purchasing an additional 591,019 shares during the last quarter. Assetmark Inc. boosted its stake in SPDR Portfolio Emerging Markets ETF by 10.2% during the 3rd quarter. Assetmark Inc. now owns 2,212,515 shares of the company’s stock valued at $91,333,000 after purchasing an additional 204,960 shares during the period. Finally, Townsquare Capital LLC grew its position in SPDR Portfolio Emerging Markets ETF by 6.5% in the 3rd quarter. Townsquare Capital LLC now owns 2,154,446 shares of the company’s stock worth $88,936,000 after purchasing an additional 132,008 shares during the last quarter.

SPDR Portfolio Emerging Markets ETF Trading Down 0.2 %

Shares of NYSEARCA SPEM opened at $40.35 on Monday. SPDR Portfolio Emerging Markets ETF has a 12-month low of $35.00 and a 12-month high of $42.88. The company has a market cap of $10.54 billion, a PE ratio of 14.32 and a beta of 0.66. The stock has a 50 day simple moving average of $38.86 and a 200-day simple moving average of $39.41.

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.