Guidance Capital Inc. Buys 3,216 Shares of SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM)

Guidance Capital Inc. boosted its stake in shares of SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) by 10.0% in the third quarter, Holdings Channel reports. The institutional investor owned 35,305 shares of the company’s stock after purchasing an additional 3,216 shares during the period. Guidance Capital Inc.’s holdings in SPDR Portfolio Emerging Markets ETF were worth $1,456,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Cetera Investment Advisers boosted its stake in SPDR Portfolio Emerging Markets ETF by 282.1% during the 1st quarter. Cetera Investment Advisers now owns 1,380,536 shares of the company’s stock valued at $49,962,000 after purchasing an additional 1,019,272 shares during the last quarter. Koss Olinger Consulting LLC purchased a new position in shares of SPDR Portfolio Emerging Markets ETF in the 2nd quarter worth $30,376,000. Jane Street Group LLC boosted its stake in shares of SPDR Portfolio Emerging Markets ETF by 44.4% in the 1st quarter. Jane Street Group LLC now owns 2,431,196 shares of the company’s stock worth $87,985,000 after buying an additional 747,277 shares during the last quarter. Raymond James Financial Services Advisors Inc. boosted its stake in shares of SPDR Portfolio Emerging Markets ETF by 83.8% in the 2nd quarter. Raymond James Financial Services Advisors Inc. now owns 1,579,201 shares of the company’s stock worth $59,488,000 after buying an additional 719,833 shares during the last quarter. Finally, Heritage Family Offices LLP purchased a new position in shares of SPDR Portfolio Emerging Markets ETF in the 2nd quarter worth $16,671,000.

SPDR Portfolio Emerging Markets ETF Stock Performance

Shares of SPEM stock traded down $0.19 on Wednesday, reaching $40.77. The stock had a trading volume of 292,305 shares, compared to its average volume of 1,598,688. The stock has a market cap of $9.68 billion, a P/E ratio of 13.05 and a beta of 0.81. SPDR Portfolio Emerging Markets ETF has a 1 year low of $32.16 and a 1 year high of $42.88. The company has a 50 day simple moving average of $39.65 and a 200 day simple moving average of $38.28.

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.