TIAA Trust National Association Purchases 487,824 Shares of SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM)

TIAA Trust National Association raised its position in shares of SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) by 9.2% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 5,813,700 shares of the company’s stock after purchasing an additional 487,824 shares during the period. TIAA Trust National Association owned approximately 2.45% of SPDR Portfolio Emerging Markets ETF worth $223,072,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Brooklyn FI LLC boosted its stake in shares of SPDR Portfolio Emerging Markets ETF by 6,305.1% during the fourth quarter. Brooklyn FI LLC now owns 6,194,793 shares of the company’s stock valued at $249,018,000 after purchasing an additional 6,098,077 shares in the last quarter. Raymond James Financial Inc. acquired a new stake in SPDR Portfolio Emerging Markets ETF during the 4th quarter worth approximately $76,342,000. BlueStem Wealth Partners LLC bought a new stake in SPDR Portfolio Emerging Markets ETF during the 4th quarter worth approximately $38,051,000. Bank of New York Mellon Corp increased its position in SPDR Portfolio Emerging Markets ETF by 37.9% in the 4th quarter. Bank of New York Mellon Corp now owns 2,694,747 shares of the company’s stock valued at $103,397,000 after acquiring an additional 740,980 shares during the period. Finally, State Street Corp raised its stake in shares of SPDR Portfolio Emerging Markets ETF by 10.4% during the third quarter. State Street Corp now owns 6,290,419 shares of the company’s stock valued at $259,668,000 after acquiring an additional 591,019 shares during the last quarter.

SPDR Portfolio Emerging Markets ETF Stock Up 0.2 %

Shares of SPDR Portfolio Emerging Markets ETF stock opened at $40.10 on Tuesday. The stock has a market cap of $10.60 billion, a price-to-earnings ratio of 14.80 and a beta of 0.67. SPDR Portfolio Emerging Markets ETF has a twelve month low of $35.00 and a twelve month high of $42.88. The company’s fifty day moving average is $39.33 and its 200 day moving average is $39.63.

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.