MA Private Wealth reduced its stake in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM – Free Report) by 82.3% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 19,990 shares of the company’s stock after selling 93,256 shares during the period. MA Private Wealth’s holdings in SPDR Portfolio Emerging Markets ETF were worth $825,000 as of its most recent SEC filing.
A number of other institutional investors have also added to or reduced their stakes in SPEM. LPL Financial LLC grew its holdings in 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 buying an additional 218,418 shares in the last quarter. TIAA Trust National Association raised its holdings in shares of SPDR Portfolio Emerging Markets ETF by 6.1% in the first quarter. TIAA Trust National Association now owns 5,419,849 shares of the company’s stock valued at $196,144,000 after purchasing an additional 312,818 shares during the last quarter. Envestnet Asset Management Inc. lifted its position in shares of SPDR Portfolio Emerging Markets ETF by 6.9% during the second quarter. Envestnet Asset Management Inc. now owns 4,995,049 shares of the company’s stock valued at $188,164,000 after purchasing an additional 323,995 shares in the last quarter. Jane Street Group LLC boosted its holdings 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 worth $87,985,000 after purchasing an additional 747,277 shares during the last quarter. Finally, Bank of New York Mellon Corp grew its position in SPDR Portfolio Emerging Markets ETF by 1.4% in the 2nd quarter. Bank of New York Mellon Corp now owns 2,283,140 shares of the company’s stock worth $86,006,000 after purchasing an additional 31,453 shares in the last quarter.
SPDR Portfolio Emerging Markets ETF Stock Performance
Shares of SPDR Portfolio Emerging Markets ETF stock traded up $0.12 during mid-day trading on Friday, hitting $40.72. 32,297 shares of the stock were exchanged, compared to its average volume of 1,589,465. SPDR Portfolio Emerging Markets ETF has a 12 month low of $32.16 and a 12 month high of $42.88. The company has a 50-day simple moving average of $39.76 and a 200 day simple moving average of $38.31. The company has a market capitalization of $9.67 billion, a P/E 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.
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