Luken Investment Analytics LLC Has $27.44 Million Stock Holdings in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM)

Luken Investment Analytics LLC cut its stake in shares of SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) by 11.3% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 774,975 shares of the company’s stock after selling 98,483 shares during the quarter. SPDR Portfolio Emerging Markets ETF makes up approximately 14.8% of Luken Investment Analytics LLC’s holdings, making the stock its biggest position. Luken Investment Analytics LLC’s holdings in SPDR Portfolio Emerging Markets ETF were worth $27,442,000 at the end of the most recent reporting period.

A number of other hedge funds also recently made changes to their positions in SPEM. Moneta Group Investment Advisors LLC lifted its holdings in SPDR Portfolio Emerging Markets ETF by 87,882.7% in the 4th quarter. Moneta Group Investment Advisors LLC now owns 203,176,699 shares of the company’s stock worth $6,696,704,000 after purchasing an additional 202,945,771 shares in the last quarter. TIAA Trust National Association purchased a new position in SPDR Portfolio Emerging Markets ETF in the 3rd quarter worth approximately $158,614,000. Bank of New York Mellon Corp lifted its holdings in SPDR Portfolio Emerging Markets ETF by 1,703.8% in the 3rd quarter. Bank of New York Mellon Corp now owns 3,355,273 shares of the company’s stock worth $112,636,000 after purchasing an additional 3,169,265 shares in the last quarter. Financial Gravity Asset Management Inc. lifted its holdings in SPDR Portfolio Emerging Markets ETF by 2,409.1% in the 3rd quarter. Financial Gravity Asset Management Inc. now owns 2,966,496 shares of the company’s stock worth $99,585,000 after purchasing an additional 2,848,268 shares in the last quarter. Finally, State Street Corp lifted its holdings in SPDR Portfolio Emerging Markets ETF by 88.7% in the 1st quarter. State Street Corp now owns 3,693,417 shares of the company’s stock worth $142,714,000 after purchasing an additional 1,735,765 shares in the last quarter.

SPDR Portfolio Emerging Markets ETF Stock Performance

SPDR Portfolio Emerging Markets ETF stock traded up $0.16 during mid-day trading on Thursday, hitting $35.54. The company’s stock had a trading volume of 484,045 shares, compared to its average volume of 1,916,290. SPDR Portfolio Emerging Markets ETF has a one year low of $32.06 and a one year high of $37.06. The company has a 50 day moving average of $35.86 and a 200-day moving average of $34.77. The stock has a market cap of $8.44 billion, a PE ratio of 12.11 and a beta of 0.78.

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.