Main Management ETF Advisors LLC Increases Holdings in SPDR Portfolio Emerging Markets ETF $SPEM

Main Management ETF Advisors LLC increased its stake in shares of SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) by 9.2% during the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 249,130 shares of the company’s stock after acquiring an additional 20,952 shares during the quarter. SPDR Portfolio Emerging Markets ETF makes up about 0.4% of Main Management ETF Advisors LLC’s investment portfolio, making the stock its 13th largest position. Main Management ETF Advisors LLC’s holdings in SPDR Portfolio Emerging Markets ETF were worth $11,662,000 at the end of the most recent reporting period.

Other institutional investors have also recently added to or reduced their stakes in the company. BlueStem Wealth Partners LLC lifted its position in SPDR Portfolio Emerging Markets ETF by 6.7% during the third quarter. BlueStem Wealth Partners LLC now owns 1,049,706 shares of the company’s stock worth $49,137,000 after buying an additional 65,492 shares in the last quarter. Brooklyn FI LLC lifted its position in SPDR Portfolio Emerging Markets ETF by 19.9% during the fourth quarter. Brooklyn FI LLC now owns 144,230 shares of the company’s stock worth $6,751,000 after buying an additional 23,983 shares in the last quarter. Midwest Capital Advisors LLC raised its position in SPDR Portfolio Emerging Markets ETF by 33.3% in the fourth quarter. Midwest Capital Advisors LLC now owns 407,988 shares of the company’s stock valued at $19,098,000 after purchasing an additional 101,817 shares during the period. McNamara Financial Services Inc. raised its position in SPDR Portfolio Emerging Markets ETF by 1.6% in the fourth quarter. McNamara Financial Services Inc. now owns 869,793 shares of the company’s stock valued at $40,715,000 after purchasing an additional 13,566 shares during the period. Finally, Envestnet Asset Management Inc. raised its position in SPDR Portfolio Emerging Markets ETF by 7.1% in the third quarter. Envestnet Asset Management Inc. now owns 6,946,967 shares of the company’s stock valued at $325,188,000 after purchasing an additional 462,591 shares during the period.

SPDR Portfolio Emerging Markets ETF Price Performance

NYSEARCA:SPEM opened at $52.33 on Monday. SPDR Portfolio Emerging Markets ETF has a 52 week low of $40.67 and a 52 week high of $53.03. The company has a market capitalization of $17.94 billion, a P/E ratio of 15.39 and a beta of 0.60. The stock’s fifty day moving average is $49.86 and its two-hundred day moving average is $48.79.

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.