Guidance Capital Inc. Boosts Stock Position in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM)

Guidance Capital Inc. lifted its position in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) by 10.0% in the third quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 35,305 shares of the company’s stock after purchasing an additional 3,216 shares during the quarter. Guidance Capital Inc.’s holdings in SPDR Portfolio Emerging Markets ETF were worth $1,456,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently modified their holdings of SPEM. LPL Financial LLC boosted its holdings in SPDR Portfolio Emerging Markets ETF by 2.4% during the 2nd quarter. LPL Financial LLC now owns 9,167,986 shares of the company’s stock valued at $345,358,000 after acquiring an additional 218,418 shares during the period. TIAA Trust National Association boosted its holdings in SPDR Portfolio Emerging Markets ETF by 6.1% during the 1st quarter. TIAA Trust National Association now owns 5,419,849 shares of the company’s stock valued at $196,144,000 after acquiring an additional 312,818 shares during the period. Envestnet Asset Management Inc. boosted its holdings in SPDR Portfolio Emerging Markets ETF by 6.9% during the 2nd quarter. Envestnet Asset Management Inc. now owns 4,995,049 shares of the company’s stock valued at $188,164,000 after acquiring an additional 323,995 shares during the period. Jane Street Group LLC boosted its holdings in SPDR Portfolio Emerging Markets ETF by 44.4% during the 1st quarter. Jane Street Group LLC now owns 2,431,196 shares of the company’s stock valued at $87,985,000 after acquiring an additional 747,277 shares during the period. Finally, Bank of New York Mellon Corp boosted its holdings in SPDR Portfolio Emerging Markets ETF by 1.4% during the 2nd quarter. Bank of New York Mellon Corp now owns 2,283,140 shares of the company’s stock valued at $86,006,000 after acquiring an additional 31,453 shares during the period.

SPDR Portfolio Emerging Markets ETF Stock Performance

SPEM stock traded down $0.19 during trading on Wednesday, hitting $40.77. 292,305 shares of the company traded hands, compared to its average volume of 1,598,688. The firm has a market capitalization of $9.68 billion, a PE ratio of 13.05 and a beta of 0.81. SPDR Portfolio Emerging Markets ETF has a 1 year low of $32.16 and a 1 year high of $42.88. The company has a 50-day moving average of $39.65 and a 200-day moving average of $38.28.

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.