Wealth Alliance Advisory Group LLC Boosts Stake in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM)

Wealth Alliance Advisory Group LLC increased its stake in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) by 1.6% in the 3rd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 213,617 shares of the company’s stock after acquiring an additional 3,448 shares during the period. SPDR Portfolio Emerging Markets ETF comprises approximately 1.9% of Wealth Alliance Advisory Group LLC’s portfolio, making the stock its 17th largest position. Wealth Alliance Advisory Group LLC owned about 0.09% of SPDR Portfolio Emerging Markets ETF worth $8,818,000 as of its most recent filing with the SEC.

Other institutional investors have also added to or reduced their stakes in the company. LPL Financial LLC raised its stake in shares of SPDR Portfolio Emerging Markets ETF by 2.4% during the second quarter. LPL Financial LLC now owns 9,167,986 shares of the company’s stock worth $345,358,000 after acquiring an additional 218,418 shares in the last quarter. TIAA Trust National Association raised its position in SPDR Portfolio Emerging Markets ETF by 6.1% in the 1st quarter. TIAA Trust National Association now owns 5,419,849 shares of the company’s stock worth $196,144,000 after purchasing an additional 312,818 shares during the period. Envestnet Asset Management Inc. lifted its stake in SPDR Portfolio Emerging Markets ETF by 6.9% in the second quarter. Envestnet Asset Management Inc. now owns 4,995,049 shares of the company’s stock worth $188,164,000 after purchasing an additional 323,995 shares during the last quarter. Jane Street Group LLC boosted its position in SPDR Portfolio Emerging Markets ETF by 44.4% during the first quarter. Jane Street Group LLC now owns 2,431,196 shares of the company’s stock valued at $87,985,000 after buying an additional 747,277 shares during the period. Finally, Bank of New York Mellon Corp grew its stake in shares of SPDR Portfolio Emerging Markets ETF by 1.4% during the second quarter. Bank of New York Mellon Corp now owns 2,283,140 shares of the company’s stock valued at $86,006,000 after buying an additional 31,453 shares during the last quarter.

SPDR Portfolio Emerging Markets ETF Trading Up 1.2 %

SPEM opened at $41.25 on Friday. The company has a market cap of $9.79 billion, a P/E ratio of 13.05 and a beta of 0.81. SPDR Portfolio Emerging Markets ETF has a 12 month low of $32.06 and a 12 month high of $42.88. The business’s 50-day moving average price is $39.52 and its 200-day moving average price is $38.20.

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.