SPDR Portfolio Emerging Markets ETF $SPEM Shares Bought by N.E.W. Advisory Services LLC

N.E.W. Advisory Services LLC boosted its holdings in shares of SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) by 23.3% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 364,939 shares of the company’s stock after acquiring an additional 68,883 shares during the period. SPDR Portfolio Emerging Markets ETF comprises 1.3% of N.E.W. Advisory Services LLC’s portfolio, making the stock its 19th largest holding. N.E.W. Advisory Services LLC owned approximately 0.11% of SPDR Portfolio Emerging Markets ETF worth $17,083,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in SPEM. Allworth Financial LP grew its holdings in shares of SPDR Portfolio Emerging Markets ETF by 38.5% during the third quarter. Allworth Financial LP now owns 9,261,432 shares of the company’s stock worth $433,528,000 after buying an additional 2,572,333 shares in the last quarter. Envestnet Asset Management Inc. grew its holdings in shares of SPDR Portfolio Emerging Markets ETF by 7.1% during the third quarter. Envestnet Asset Management Inc. now owns 6,946,967 shares of the company’s stock worth $325,188,000 after buying an additional 462,591 shares in the last quarter. Ameriprise Financial Inc. grew its holdings in shares of SPDR Portfolio Emerging Markets ETF by 5.5% during the second quarter. Ameriprise Financial Inc. now owns 5,339,952 shares of the company’s stock worth $228,232,000 after buying an additional 279,126 shares in the last quarter. Northwestern Mutual Wealth Management Co. grew its holdings in shares of SPDR Portfolio Emerging Markets ETF by 3.7% during the third quarter. Northwestern Mutual Wealth Management Co. now owns 3,503,688 shares of the company’s stock worth $164,008,000 after buying an additional 123,404 shares in the last quarter. Finally, 3EDGE Asset Management LP grew its holdings in shares of SPDR Portfolio Emerging Markets ETF by 1.7% during the third quarter. 3EDGE Asset Management LP now owns 3,235,624 shares of the company’s stock worth $151,402,000 after buying an additional 53,100 shares in the last quarter.

SPDR Portfolio Emerging Markets ETF Price Performance

Shares of NYSEARCA SPEM opened at $50.28 on Friday. The company has a market cap of $17.24 billion, a PE ratio of 15.39 and a beta of 0.57. SPDR Portfolio Emerging Markets ETF has a 12 month low of $38.85 and a 12 month high of $51.75. The company has a 50-day simple moving average of $48.65 and a 200-day simple moving average of $48.05.

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.