One Capital Management LLC Buys 21,910 Shares of SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM)

One Capital Management LLC grew its stake in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) by 140.1% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 37,549 shares of the company’s stock after acquiring an additional 21,910 shares during the quarter. One Capital Management LLC’s holdings in SPDR Portfolio Emerging Markets ETF were worth $1,414,000 at the end of the most recent quarter.

Several other hedge funds have also added to or reduced their stakes in the stock. CFS Investment Advisory Services LLC raised its stake in shares of SPDR Portfolio Emerging Markets ETF by 4.5% in the fourth quarter. CFS Investment Advisory Services LLC now owns 103,296 shares of the company’s stock worth $3,658,000 after purchasing an additional 4,447 shares during the last quarter. Valley Financial Group Inc. purchased a new position in shares of SPDR Portfolio Emerging Markets ETF in the fourth quarter worth $4,849,000. Clear Rock Advisors LLC purchased a new position in shares of SPDR Portfolio Emerging Markets ETF in the fourth quarter worth $503,000. BayBridge Capital Group LLC purchased a new position in shares of SPDR Portfolio Emerging Markets ETF in the fourth quarter worth $2,104,000. Finally, Creative Planning raised its stake in shares of SPDR Portfolio Emerging Markets ETF by 2.0% in the fourth quarter. Creative Planning now owns 25,451,348 shares of the company’s stock worth $901,232,000 after purchasing an additional 504,808 shares during the last quarter.

SPDR Portfolio Emerging Markets ETF Price Performance

SPEM stock opened at $38.45 on Tuesday. SPDR Portfolio Emerging Markets ETF has a 1-year low of $32.06 and a 1-year high of $39.32. The business has a fifty day moving average price of $38.03 and a 200-day moving average price of $37.40. The stock has a market capitalization of $9.13 billion, a P/E ratio of 13.05 and a beta of 0.81.

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.