198,123 Shares of SPDR Portfolio Emerging Markets ETF $SPEM Purchased by Simplicity Wealth LLC

Simplicity Wealth LLC acquired a new position in shares of SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) in the third quarter, HoldingsChannel.com reports. The institutional investor acquired 198,123 shares of the company’s stock, valued at approximately $10,255,000.

Other large investors have also recently made changes to their positions in the company. State Street Corp raised its holdings in SPDR Portfolio Emerging Markets ETF by 6.7% in the second quarter. State Street Corp now owns 5,231,398 shares of the company’s stock valued at $270,882,000 after acquiring an additional 329,626 shares in the last quarter. Envestnet Portfolio Solutions Inc. lifted its stake in SPDR Portfolio Emerging Markets ETF by 12.6% in the second quarter. Envestnet Portfolio Solutions Inc. now owns 2,123,055 shares of the company’s stock worth $109,932,000 after acquiring an additional 237,526 shares during the last quarter. Royal Bank of Canada lifted its stake in SPDR Portfolio Emerging Markets ETF by 8.1% in the first quarter. Royal Bank of Canada now owns 1,155,291 shares of the company’s stock worth $54,194,000 after acquiring an additional 86,967 shares during the last quarter. Private Advisor Group LLC lifted its stake in SPDR Portfolio Emerging Markets ETF by 8.1% in the first quarter. Private Advisor Group LLC now owns 1,119,846 shares of the company’s stock worth $52,532,000 after acquiring an additional 83,733 shares during the last quarter. Finally, NewEdge Advisors LLC grew its holdings in SPDR Portfolio Emerging Markets ETF by 30.3% during the 2nd quarter. NewEdge Advisors LLC now owns 879,360 shares of the company’s stock worth $45,533,000 after acquiring an additional 204,270 shares in the last quarter.

SPDR Portfolio Emerging Markets ETF Stock Up 0.0%

NYSEARCA SPEM opened at $49.67 on Friday. SPDR Portfolio Emerging Markets ETF has a 52 week low of $45.28 and a 52 week high of $53.54. The firm has a 50 day moving average of $52.13 and a two-hundred day moving average of $51.59. The stock has a market capitalization of $16.52 billion, a PE ratio of 15.39 and a beta of 0.61.

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.