Second Line Capital LLC Raises Stake in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM)

Second Line Capital LLC grew its holdings in shares of SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) by 4.4% during the 3rd quarter, HoldingsChannel reports. The fund owned 212,921 shares of the company’s stock after acquiring an additional 8,962 shares during the quarter. SPDR Portfolio Emerging Markets ETF makes up 2.4% of Second Line Capital LLC’s investment portfolio, making the stock its 11th biggest position. Second Line Capital LLC’s holdings in SPDR Portfolio Emerging Markets ETF were worth $8,789,000 at the end of the most recent quarter.

Other hedge funds have also recently made changes to their positions in the company. Rothschild Investment LLC bought a new position in SPDR Portfolio Emerging Markets ETF during the 2nd quarter worth approximately $27,000. Archer Investment Corp bought a new position in shares of SPDR Portfolio Emerging Markets ETF in the third quarter worth approximately $39,000. Hershey Financial Advisers LLC bought a new position in shares of SPDR Portfolio Emerging Markets ETF in the second quarter worth approximately $49,000. Strategic Financial Concepts LLC increased its stake in shares of SPDR Portfolio Emerging Markets ETF by 649.3% in the second quarter. Strategic Financial Concepts LLC now owns 148,707 shares of the company’s stock worth $56,000 after buying an additional 128,861 shares during the period. Finally, American National Bank raised its holdings in SPDR Portfolio Emerging Markets ETF by 132.0% during the 2nd quarter. American National Bank now owns 1,793 shares of the company’s stock valued at $68,000 after buying an additional 1,020 shares during the last quarter.

SPDR Portfolio Emerging Markets ETF Stock Down 2.0 %

Shares of SPDR Portfolio Emerging Markets ETF stock opened at $40.26 on Wednesday. The company’s fifty day simple moving average is $40.43 and its two-hundred day simple moving average is $39.00. SPDR Portfolio Emerging Markets ETF has a 12-month low of $33.52 and a 12-month high of $42.88. The firm has a market cap of $9.56 billion, a PE ratio of 13.05 and a beta of 0.81.

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.