Trilogy Capital Inc. lifted its holdings in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM – Free Report) by 29.5% in the first quarter, HoldingsChannel.com reports. The fund owned 753,640 shares of the company’s stock after buying an additional 171,695 shares during the quarter. SPDR Portfolio Emerging Markets ETF comprises 1.6% of Trilogy Capital Inc.’s portfolio, making the stock its 19th biggest holding. Trilogy Capital Inc.’s holdings in SPDR Portfolio Emerging Markets ETF were worth $27,274,000 as of its most recent SEC filing.
A number of other hedge funds have also recently made changes to their positions in the business. Anchor Investment Management LLC bought a new position in SPDR Portfolio Emerging Markets ETF during the fourth quarter valued at approximately $28,000. American National Bank boosted its stake in SPDR Portfolio Emerging Markets ETF by 179.0% during the fourth quarter. American National Bank now owns 809 shares of the company’s stock valued at $29,000 after buying an additional 519 shares during the last quarter. Frazier Financial Advisors LLC bought a new position in SPDR Portfolio Emerging Markets ETF during the fourth quarter valued at approximately $32,000. Tsfg LLC bought a new position in SPDR Portfolio Emerging Markets ETF during the fourth quarter valued at approximately $70,000. Finally, Fortitude Family Office LLC bought a new position in SPDR Portfolio Emerging Markets ETF during the fourth quarter valued at approximately $82,000.
SPDR Portfolio Emerging Markets ETF Stock Up 0.3 %
SPDR Portfolio Emerging Markets ETF stock traded up $0.10 during midday trading on Friday, reaching $37.67. 1,943,359 shares of the stock traded hands, compared to its average volume of 1,666,769. The stock’s fifty day moving average is $37.61 and its 200-day moving average is $36.12. SPDR Portfolio Emerging Markets ETF has a 12 month low of $32.06 and a 12 month high of $38.84. The stock has a market cap of $8.94 billion, a P/E 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.
Read More
- Five stocks we like better than SPDR Portfolio Emerging Markets ETF
- What Makes a Stock a Good Dividend Stock?
- Upwork Stock’s Outlook: Numbers Solid Despite Gen-AI Challenges
- Compound Interest and Why It Matters When Investing
- What’s Behind Walgreens Stock Plunge: What Investors Can Do Next
- Find and Profitably Trade Stocks at 52-Week Lows
- MarketBeat Week in Review – 6/24 – 6/28
Want to see what other hedge funds are holding SPEM? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM – Free Report).
Receive News & Ratings for SPDR Portfolio Emerging Markets ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for SPDR Portfolio Emerging Markets ETF and related companies with MarketBeat.com's FREE daily email newsletter.