Banco Santander S.A. Decreases Position in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM)

Banco Santander S.A. lessened its position in shares of SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) by 6.4% in the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 145,310 shares of the company’s stock after selling 9,960 shares during the quarter. Banco Santander S.A. owned approximately 0.06% of SPDR Portfolio Emerging Markets ETF worth $5,474,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also made changes to their positions in SPEM. Cetera Investment Advisers grew its position in shares of SPDR Portfolio Emerging Markets ETF by 282.1% in the first 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 period. Jane Street Group LLC boosted its holdings 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 valued at $87,985,000 after purchasing an additional 747,277 shares during the last quarter. Raymond James Financial Services Advisors Inc. grew its stake in shares of SPDR Portfolio Emerging Markets ETF by 83.8% during the 2nd quarter. Raymond James Financial Services Advisors Inc. now owns 1,579,201 shares of the company’s stock valued at $59,488,000 after buying an additional 719,833 shares during the period. Wells Fargo & Company MN increased its holdings in shares of SPDR Portfolio Emerging Markets ETF by 38.2% during the 4th quarter. Wells Fargo & Company MN now owns 2,491,923 shares of the company’s stock worth $88,239,000 after buying an additional 688,304 shares during the last quarter. Finally, Creative Planning raised its position in shares of SPDR Portfolio Emerging Markets ETF by 2.0% in the 4th quarter. Creative Planning now owns 25,451,348 shares of the company’s stock worth $901,232,000 after buying an additional 504,808 shares during the period.

SPDR Portfolio Emerging Markets ETF Stock Performance

Shares of NYSEARCA:SPEM traded up $0.05 during trading on Thursday, reaching $38.48. 907,007 shares of the stock were exchanged, compared to its average volume of 1,579,305. SPDR Portfolio Emerging Markets ETF has a 12-month low of $32.06 and a 12-month high of $39.32. The firm’s 50-day moving average price is $38.01 and its 200 day moving average price is $37.14. The firm has a market cap of $9.14 billion, a price-to-earnings ratio of 13.05 and a beta of 0.81.

About SPDR Portfolio Emerging Markets ETF

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.