PNC Financial Services Group Inc. Increases Stock Holdings in SPDR Portfolio Emerging Markets ETF $SPEM

PNC Financial Services Group Inc. boosted its position in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) by 12.5% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund owned 442,540 shares of the company’s stock after purchasing an additional 49,284 shares during the period. PNC Financial Services Group Inc.’s holdings in SPDR Portfolio Emerging Markets ETF were worth $20,715,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also bought and sold shares of SPEM. Brighton Jones LLC purchased a new position in SPDR Portfolio Emerging Markets ETF in the fourth quarter worth about $289,000. AQR Capital Management LLC boosted its position in 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 worth $1,236,000 after purchasing an additional 13,972 shares during the last quarter. Goldman Sachs Group Inc. boosted its position in 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 worth $4,126,000 after purchasing an additional 6,463 shares during the last quarter. First Trust Advisors LP boosted its position in 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 worth $414,000 after purchasing an additional 263 shares during the last quarter. Finally, Marshall Wace LLP purchased a new position in SPDR Portfolio Emerging Markets ETF in the second quarter worth about $768,000.

SPDR Portfolio Emerging Markets ETF Stock Performance

Shares of NYSEARCA:SPEM opened at $51.39 on Friday. The stock has a market capitalization of $17.62 billion, a price-to-earnings ratio of 15.39 and a beta of 0.60. The stock’s 50-day simple moving average is $49.37 and its two-hundred day simple moving average is $48.61. SPDR Portfolio Emerging Markets ETF has a 52-week low of $40.67 and a 52-week high of $53.03.

About SPDR Portfolio Emerging Markets ETF

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.