SPDR Portfolio Emerging Markets ETF $SPEM Stock Position Increased by Midwest Capital Advisors LLC

Midwest Capital Advisors LLC boosted its stake in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) by 81.6% during the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 268,640 shares of the company’s stock after purchasing an additional 120,677 shares during the quarter. SPDR Portfolio Emerging Markets ETF comprises approximately 6.1% of Midwest Capital Advisors LLC’s holdings, making the stock its 5th largest holding. Midwest Capital Advisors LLC owned 0.09% of SPDR Portfolio Emerging Markets ETF worth $11,482,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds have also bought and sold shares of the stock. CWM LLC lifted its stake in SPDR Portfolio Emerging Markets ETF by 12.0% in the 2nd quarter. CWM LLC now owns 2,190,512 shares of the company’s stock worth $93,622,000 after purchasing an additional 234,635 shares in the last quarter. Hassell Wealth Management LLC lifted its stake in SPDR Portfolio Emerging Markets ETF by 1.5% in the 2nd quarter. Hassell Wealth Management LLC now owns 22,709 shares of the company’s stock worth $1,004,000 after purchasing an additional 340 shares in the last quarter. Concurrent Investment Advisors LLC purchased a new stake in shares of SPDR Portfolio Emerging Markets ETF during the 2nd quarter valued at about $209,000. R. W. Roge & Company Inc. raised its position in shares of SPDR Portfolio Emerging Markets ETF by 32.6% during the 2nd quarter. R. W. Roge & Company Inc. now owns 90,477 shares of the company’s stock valued at $3,866,000 after buying an additional 22,264 shares in the last quarter. Finally, Apollon Wealth Management LLC raised its position in shares of SPDR Portfolio Emerging Markets ETF by 1.5% during the 2nd quarter. Apollon Wealth Management LLC now owns 16,893 shares of the company’s stock valued at $722,000 after buying an additional 244 shares in the last quarter.

SPDR Portfolio Emerging Markets ETF Trading Down 3.6%

Shares of NYSEARCA SPEM opened at $45.45 on Friday. The firm’s 50-day moving average price is $45.42 and its 200-day moving average price is $42.52. The stock has a market capitalization of $13.98 billion, a price-to-earnings ratio of 15.39 and a beta of 0.68. SPDR Portfolio Emerging Markets ETF has a 12-month low of $34.38 and a 12-month high of $47.67.

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.