Cadent Capital Advisors LLC Increases Stake in SPDR Portfolio Emerging Markets ETF $SPEM

Cadent Capital Advisors LLC grew its holdings in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) by 569.0% in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 38,338 shares of the company’s stock after buying an additional 32,607 shares during the quarter. Cadent Capital Advisors LLC’s holdings in SPDR Portfolio Emerging Markets ETF were worth $1,639,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also made changes to their positions in the company. Knuff & Co LLC purchased a new stake in shares of SPDR Portfolio Emerging Markets ETF in the first quarter valued at approximately $29,000. Brooklyn Investment Group purchased a new stake in shares of SPDR Portfolio Emerging Markets ETF in the first quarter valued at approximately $32,000. Webster Bank N. A. purchased a new stake in shares of SPDR Portfolio Emerging Markets ETF in the second quarter valued at approximately $40,000. Wayfinding Financial LLC purchased a new stake in shares of SPDR Portfolio Emerging Markets ETF in the first quarter valued at approximately $36,000. Finally, Tsfg LLC increased its position in shares of SPDR Portfolio Emerging Markets ETF by 267.4% in the first quarter. Tsfg LLC now owns 992 shares of the company’s stock valued at $39,000 after buying an additional 722 shares in the last quarter.

SPDR Portfolio Emerging Markets ETF Price Performance

SPDR Portfolio Emerging Markets ETF stock opened at $46.40 on Friday. SPDR Portfolio Emerging Markets ETF has a 12 month low of $34.38 and a 12 month high of $47.21. The stock has a market capitalization of $13.50 billion, a PE ratio of 15.39 and a beta of 0.68. The business has a 50 day simple moving average of $44.68 and a 200-day simple moving average of $41.98.

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.