LPL Financial LLC increased its stake in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM – Free Report) by 4.6% in the 4th quarter, Holdings Channel.com reports. The fund owned 10,086,404 shares of the company’s stock after acquiring an additional 442,126 shares during the quarter. LPL Financial LLC’s holdings in SPDR Portfolio Emerging Markets ETF were worth $387,015,000 at the end of the most recent reporting period.
Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. IMG Wealth Management Inc. purchased a new stake in SPDR Portfolio Emerging Markets ETF in the 4th quarter worth $27,000. Compass Planning Associates Inc purchased a new stake in shares of SPDR Portfolio Emerging Markets ETF during the fourth quarter worth $28,000. Strategic Wealth Investment Group LLC purchased a new stake in shares of SPDR Portfolio Emerging Markets ETF during the fourth quarter worth $46,000. Rialto Wealth Management LLC purchased a new stake in shares of SPDR Portfolio Emerging Markets ETF during the fourth quarter worth $60,000. Finally, SBI Securities Co. Ltd. purchased a new stake in shares of SPDR Portfolio Emerging Markets ETF during the fourth quarter worth $64,000.
SPDR Portfolio Emerging Markets ETF Stock Down 0.4 %
SPDR Portfolio Emerging Markets ETF stock opened at $40.03 on Friday. SPDR Portfolio Emerging Markets ETF has a 52-week low of $35.00 and a 52-week high of $42.88. The firm has a market capitalization of $10.58 billion, a price-to-earnings ratio of 14.80 and a beta of 0.67. The company has a fifty day simple moving average of $39.27 and a 200-day simple moving average of $39.60.
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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Want to see what other hedge funds are holding SPEM? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM – Free Report).
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