33,643 Shares in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) Bought by May Hill Capital LLC

May Hill Capital LLC acquired a new stake in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) during the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund acquired 33,643 shares of the company’s stock, valued at approximately $1,291,000.

Several other institutional investors and hedge funds also recently made changes to their positions in the business. Headlands Technologies LLC acquired a new position in SPDR Portfolio Emerging Markets ETF in the fourth quarter valued at approximately $26,000. IMG Wealth Management Inc. acquired a new position in shares of SPDR Portfolio Emerging Markets ETF during the 4th quarter valued at $27,000. Compass Planning Associates Inc acquired a new position in shares of SPDR Portfolio Emerging Markets ETF during the 4th quarter valued at $28,000. Strategic Wealth Investment Group LLC bought a new position in SPDR Portfolio Emerging Markets ETF during the fourth quarter worth $46,000. Finally, Rialto Wealth Management LLC acquired a new stake in SPDR Portfolio Emerging Markets ETF in the fourth quarter worth $60,000.

SPDR Portfolio Emerging Markets ETF Stock Performance

SPEM stock opened at $39.37 on Tuesday. The company has a market cap of $10.41 billion, a P/E ratio of 14.84 and a beta of 0.67. SPDR Portfolio Emerging Markets ETF has a fifty-two week low of $35.00 and a fifty-two week high of $42.88. The stock’s 50 day simple moving average is $39.51 and its 200 day simple moving average is $39.70.

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.