Range Financial Group LLC Grows Stock Holdings in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM)

Range Financial Group LLC increased its holdings in shares of SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) by 89.5% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 22,513 shares of the company’s stock after purchasing an additional 10,634 shares during the period. Range Financial Group LLC’s holdings in SPDR Portfolio Emerging Markets ETF were worth $864,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. State Street Corp grew its stake in shares of SPDR Portfolio Emerging Markets ETF by 10.4% during the 3rd quarter. State Street Corp now owns 6,290,419 shares of the company’s stock worth $259,668,000 after purchasing an additional 591,019 shares during the period. LPL Financial LLC grew its position in SPDR Portfolio Emerging Markets ETF by 5.2% during the third quarter. LPL Financial LLC now owns 9,644,278 shares of the company’s stock valued at $398,116,000 after buying an additional 476,292 shares during the period. Thrivent Financial for Lutherans grew its position in SPDR Portfolio Emerging Markets ETF by 71.4% during the second quarter. Thrivent Financial for Lutherans now owns 920,076 shares of the company’s stock valued at $34,659,000 after buying an additional 383,320 shares during the period. Envestnet Asset Management Inc. increased its holdings in SPDR Portfolio Emerging Markets ETF by 6.9% in the second quarter. Envestnet Asset Management Inc. now owns 4,995,049 shares of the company’s stock valued at $188,164,000 after buying an additional 323,995 shares in the last quarter. Finally, Tidal Investments LLC acquired a new position in shares of SPDR Portfolio Emerging Markets ETF in the third quarter worth about $13,246,000.

SPDR Portfolio Emerging Markets ETF Stock Down 0.5 %

Shares of SPEM stock traded down $0.20 during mid-day trading on Tuesday, hitting $38.28. 1,382,614 shares of the stock were exchanged, compared to its average volume of 2,143,773. SPDR Portfolio Emerging Markets ETF has a 52-week low of $33.52 and a 52-week high of $42.88. The company has a market cap of $9.09 billion, a PE ratio of 13.05 and a beta of 0.81. The firm has a fifty day moving average of $39.59 and a 200 day moving average of $39.18.

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.