Sanctuary Advisors LLC Makes New $7.33 Million Investment in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM)

Sanctuary Advisors LLC purchased a new position in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm purchased 200,419 shares of the company’s stock, valued at approximately $7,329,000. Sanctuary Advisors LLC owned about 0.08% of SPDR Portfolio Emerging Markets ETF as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also modified their holdings of the business. Kestra Investment Management LLC acquired a new position in SPDR Portfolio Emerging Markets ETF during the 2nd quarter valued at approximately $6,908,000. New Century Financial Group LLC acquired a new position in shares of SPDR Portfolio Emerging Markets ETF during the second quarter valued at $776,000. Cetera Investment Advisers boosted its holdings in shares of SPDR Portfolio Emerging Markets ETF by 6.8% during the second quarter. Cetera Investment Advisers now owns 1,474,983 shares of the company’s stock valued at $55,563,000 after acquiring an additional 94,447 shares during the period. SPC Financial Inc. grew its position in shares of SPDR Portfolio Emerging Markets ETF by 5.1% during the second quarter. SPC Financial Inc. now owns 79,752 shares of the company’s stock worth $3,004,000 after acquiring an additional 3,889 shares during the last quarter. Finally, Truist Financial Corp increased its holdings in shares of SPDR Portfolio Emerging Markets ETF by 42.9% in the 2nd quarter. Truist Financial Corp now owns 43,603 shares of the company’s stock worth $1,643,000 after acquiring an additional 13,084 shares during the period.

SPDR Portfolio Emerging Markets ETF Stock Up 1.1 %

Shares of NYSEARCA:SPEM opened at $42.34 on Friday. SPDR Portfolio Emerging Markets ETF has a fifty-two week low of $32.06 and a fifty-two week high of $42.55. The company has a market cap of $10.05 billion, a PE ratio of 13.05 and a beta of 0.81. The company’s 50-day moving average price is $38.68 and its 200 day moving average price is $37.83.

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.