Blue Trust Inc. Purchases 1,878 Shares of SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM)

Blue Trust Inc. increased its position in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) by 474.2% in the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 2,274 shares of the company’s stock after buying an additional 1,878 shares during the period. Blue Trust Inc.’s holdings in SPDR Portfolio Emerging Markets ETF were worth $94,000 at the end of the most recent quarter.

A number of other institutional investors have also bought and sold shares of the business. Bank of Montreal Can increased its holdings in SPDR Portfolio Emerging Markets ETF by 56.4% in the 2nd quarter. Bank of Montreal Can now owns 9,734 shares of the company’s stock valued at $367,000 after acquiring an additional 3,510 shares during the last quarter. Truist Financial Corp grew its position in shares of SPDR Portfolio Emerging Markets ETF by 42.9% during the second quarter. Truist Financial Corp now owns 43,603 shares of the company’s stock valued at $1,643,000 after purchasing an additional 13,084 shares in the last quarter. Watts Gwilliam & Co. LLC bought a new stake in shares of SPDR Portfolio Emerging Markets ETF in the third quarter worth about $457,000. JGP Wealth Management LLC purchased a new stake in shares of SPDR Portfolio Emerging Markets ETF in the third quarter worth about $204,000. Finally, City State Bank boosted its stake in SPDR Portfolio Emerging Markets ETF by 10.3% during the third quarter. City State Bank now owns 20,936 shares of the company’s stock valued at $864,000 after buying an additional 1,950 shares during the last quarter.

SPDR Portfolio Emerging Markets ETF Price Performance

NYSEARCA SPEM opened at $39.18 on Friday. SPDR Portfolio Emerging Markets ETF has a 1-year low of $34.30 and a 1-year high of $42.88. The business has a 50 day simple moving average of $38.91 and a two-hundred day simple moving average of $39.18. The stock has a market capitalization of $9.30 billion, a PE ratio of 13.05 and a beta of 0.81.

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.