Fonville Wealth Management LLC Has $4.36 Million Stock Holdings in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM)

Fonville Wealth Management LLC grew its stake in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) by 3.7% in the fourth quarter, HoldingsChannel reports. The fund owned 113,672 shares of the company’s stock after acquiring an additional 4,075 shares during the period. SPDR Portfolio Emerging Markets ETF accounts for 1.4% of Fonville Wealth Management LLC’s holdings, making the stock its 24th largest position. Fonville Wealth Management LLC’s holdings in SPDR Portfolio Emerging Markets ETF were worth $4,362,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors also recently modified their holdings of SPEM. State Street Corp raised its position in SPDR Portfolio Emerging Markets ETF by 10.4% in the 3rd quarter. State Street Corp now owns 6,290,419 shares of the company’s stock worth $259,668,000 after purchasing an additional 591,019 shares during the last quarter. LPL Financial LLC raised its holdings in SPDR Portfolio Emerging Markets ETF by 5.2% during the 3rd quarter. LPL Financial LLC now owns 9,644,278 shares of the company’s stock worth $398,116,000 after purchasing an additional 476,292 shares during the last quarter. Tidal Investments LLC acquired a new stake in shares of SPDR Portfolio Emerging Markets ETF during the 3rd quarter worth approximately $13,246,000. Onyx Bridge Wealth Group LLC raised its stake in shares of SPDR Portfolio Emerging Markets ETF by 694.6% during the fourth quarter. Onyx Bridge Wealth Group LLC now owns 264,312 shares of the company’s stock worth $10,142,000 after buying an additional 231,050 shares during the last quarter. Finally, Assetmark Inc. lifted its holdings in SPDR Portfolio Emerging Markets ETF by 10.2% in the third quarter. Assetmark Inc. now owns 2,212,515 shares of the company’s stock valued at $91,333,000 after buying an additional 204,960 shares during the period.

SPDR Portfolio Emerging Markets ETF Stock Performance

SPEM opened at $39.18 on Monday. The company has a fifty day moving average price of $38.91 and a two-hundred day moving average price of $39.20. The firm has a market capitalization of $9.30 billion, a PE ratio of 13.05 and a beta of 0.81. SPDR Portfolio Emerging Markets ETF has a 52 week low of $34.30 and a 52 week high of $42.88.

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.