Ground Swell Capital LLC Acquires New Stake in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM)

Ground Swell Capital LLC acquired a new stake in shares of SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm acquired 9,397 shares of the company’s stock, valued at approximately $388,000.

Several other large investors have also recently added to or reduced their stakes in SPEM. Cetera Investment Advisers lifted its position in SPDR Portfolio Emerging Markets ETF by 282.1% during the first quarter. Cetera Investment Advisers now owns 1,380,536 shares of the company’s stock valued at $49,962,000 after buying an additional 1,019,272 shares in the last quarter. Koss Olinger Consulting LLC acquired a new position in shares of SPDR Portfolio Emerging Markets ETF during the second quarter worth about $30,376,000. Jane Street Group LLC boosted its position in shares of SPDR Portfolio Emerging Markets ETF by 44.4% in the first quarter. Jane Street Group LLC now owns 2,431,196 shares of the company’s stock worth $87,985,000 after buying an additional 747,277 shares during the period. Raymond James Financial Services Advisors Inc. grew its stake in shares of SPDR Portfolio Emerging Markets ETF by 83.8% in the second quarter. Raymond James Financial Services Advisors Inc. now owns 1,579,201 shares of the company’s stock valued at $59,488,000 after buying an additional 719,833 shares in the last quarter. Finally, Heritage Family Offices LLP purchased a new stake in SPDR Portfolio Emerging Markets ETF during the 2nd quarter worth $16,671,000.

SPDR Portfolio Emerging Markets ETF Stock Performance

SPDR Portfolio Emerging Markets ETF stock opened at $40.25 on Monday. The company has a market cap of $9.56 billion, a P/E ratio of 13.05 and a beta of 0.81. SPDR Portfolio Emerging Markets ETF has a 1 year low of $32.99 and a 1 year high of $42.88. The firm’s 50-day moving average is $39.98 and its 200-day moving average is $38.52.

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.