SPDR Portfolio Emerging Markets ETF $SPEM Shares Sold by Thrivent Financial for Lutherans

Thrivent Financial for Lutherans decreased its holdings in shares of SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) by 15.2% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 663,516 shares of the company’s stock after selling 118,740 shares during the quarter. Thrivent Financial for Lutherans owned approximately 0.20% of SPDR Portfolio Emerging Markets ETF worth $31,072,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Allworth Financial LP increased its stake in shares of SPDR Portfolio Emerging Markets ETF by 1.0% in the fourth quarter. Allworth Financial LP now owns 9,355,461 shares of the company’s stock valued at $437,929,000 after purchasing an additional 94,029 shares during the period. Envestnet Asset Management Inc. increased its stake in shares of 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. Ameriprise Financial Inc. increased its stake in shares of SPDR Portfolio Emerging Markets ETF by 5.5% in the second quarter. Ameriprise Financial Inc. now owns 5,339,952 shares of the company’s stock valued at $228,232,000 after purchasing an additional 279,126 shares during the period. Northwestern Mutual Wealth Management Co. increased its stake in shares of SPDR Portfolio Emerging Markets ETF by 3.7% in the third quarter. Northwestern Mutual Wealth Management Co. now owns 3,503,688 shares of the company’s stock valued at $164,008,000 after purchasing an additional 123,404 shares during the period. Finally, 3EDGE Asset Management LP increased its stake in shares of SPDR Portfolio Emerging Markets ETF by 1.7% in the third quarter. 3EDGE Asset Management LP now owns 3,235,624 shares of the company’s stock valued at $151,402,000 after purchasing an additional 53,100 shares during the period.

SPDR Portfolio Emerging Markets ETF Stock Performance

Shares of NYSEARCA:SPEM opened at $50.84 on Monday. The firm’s 50 day moving average is $49.07 and its two-hundred day moving average is $48.51. SPDR Portfolio Emerging Markets ETF has a 52 week low of $40.67 and a 52 week high of $53.03. The firm has a market capitalization of $17.43 billion, a P/E ratio of 15.39 and a beta of 0.60.

SPDR Portfolio Emerging Markets ETF 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.