Private Advisor Group LLC increased its holdings in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM – Free Report) by 8.1% in the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 1,119,846 shares of the company’s stock after purchasing an additional 83,733 shares during the period. Private Advisor Group LLC owned 0.33% of SPDR Portfolio Emerging Markets ETF worth $52,532,000 as of its most recent SEC filing.
Several other institutional investors have also recently added to or reduced their stakes in SPEM. Charles Schwab Investment Management Inc. lifted its position in SPDR Portfolio Emerging Markets ETF by 20.1% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 15,874,429 shares of the company’s stock worth $743,082,000 after buying an additional 2,653,013 shares during the period. LPL Financial LLC boosted its position in shares of SPDR Portfolio Emerging Markets ETF by 12.7% in the fourth quarter. LPL Financial LLC now owns 15,587,049 shares of the company’s stock worth $729,630,000 after acquiring an additional 1,758,866 shares during the last quarter. Allworth Financial LP grew its holdings in 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. Morgan Stanley increased its position in SPDR Portfolio Emerging Markets ETF by 9.8% during the fourth quarter. Morgan Stanley now owns 6,997,855 shares of the company’s stock worth $327,570,000 after purchasing an additional 622,595 shares during the last quarter. Finally, Ameriprise Financial Inc. raised its stake in 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 purchasing an additional 279,126 shares during the period.
SPDR Portfolio Emerging Markets ETF Stock Down 0.4%
Shares of SPEM opened at $51.12 on Friday. SPDR Portfolio Emerging Markets ETF has a fifty-two week low of $42.61 and a fifty-two week high of $53.54. The company’s fifty day moving average is $51.73 and its two-hundred day moving average is $49.63. The firm has a market cap of $17.25 billion, a PE 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.
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