FSA Advisors Inc. Increases Stock Holdings in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM)

FSA Advisors Inc. increased its holdings in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) by 11.0% in the third quarter, Holdings Channel.com reports. The firm owned 8,117 shares of the company’s stock after purchasing an additional 803 shares during the period. FSA Advisors Inc.’s holdings in SPDR Portfolio Emerging Markets ETF were worth $309,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also made changes to their positions in SPEM. LPL Financial LLC increased its holdings in SPDR Portfolio Emerging Markets ETF by 2.4% in the second quarter. LPL Financial LLC now owns 9,167,986 shares of the company’s stock valued at $345,358,000 after buying an additional 218,418 shares during the last quarter. Allworth Financial LP grew its holdings in shares of SPDR Portfolio Emerging Markets ETF by 1.1% during the third quarter. Allworth Financial LP now owns 6,297,465 shares of the company’s stock valued at $259,959,000 after purchasing an additional 67,205 shares during the last quarter. TIAA Trust National Association grew its holdings in shares of SPDR Portfolio Emerging Markets ETF by 6.1% during 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. grew its holdings 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 during the last quarter. Finally, Jane Street Group LLC grew its holdings in SPDR Portfolio Emerging Markets ETF by 44.4% in the 1st quarter. Jane Street Group LLC now owns 2,431,196 shares of the company’s stock worth $87,985,000 after buying an additional 747,277 shares in the last quarter.

SPDR Portfolio Emerging Markets ETF Price Performance

Shares of SPEM stock opened at $40.60 on Monday. SPDR Portfolio Emerging Markets ETF has a 12-month low of $32.16 and a 12-month high of $42.88. The firm has a market capitalization of $9.64 billion, a price-to-earnings ratio of 13.05 and a beta of 0.81. The business has a 50 day simple moving average of $39.80 and a 200 day simple moving average of $38.35.

SPDR Portfolio Emerging Markets ETF Company 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.