SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) Sees Unusually-High Trading Volume

SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) saw unusually-high trading volume on Tuesday . Approximately 3,152,062 shares traded hands during mid-day trading, an increase of 104% from the previous session’s volume of 1,542,358 shares.The stock last traded at $41.29 and had previously closed at $41.28.

SPDR Portfolio Emerging Markets ETF Stock Performance

The company has a market capitalization of $9.89 billion, a price-to-earnings ratio of 13.05 and a beta of 0.81. The stock’s 50-day moving average price is $38.31 and its 200-day moving average price is $37.68.

Institutional Trading of SPDR Portfolio Emerging Markets ETF

Several institutional investors and hedge funds have recently modified their holdings of SPEM. Creative Planning boosted its position 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 buying an additional 504,808 shares during the period. LPL Financial LLC raised its stake in shares of SPDR Portfolio Emerging Markets ETF by 2.4% during the second quarter. LPL Financial LLC now owns 9,167,986 shares of the company’s stock valued at $345,358,000 after purchasing an additional 218,418 shares in the last quarter. TIAA Trust National Association lifted its position in SPDR Portfolio Emerging Markets ETF by 6.1% in the first quarter. TIAA Trust National Association now owns 5,419,849 shares of the company’s stock worth $196,144,000 after purchasing an additional 312,818 shares during the period. Envestnet Asset Management Inc. boosted its stake 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 purchasing an additional 323,995 shares in the last quarter. Finally, Jane Street Group LLC increased its position in shares of 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 purchasing an additional 747,277 shares during the period.

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.