Vestmark Advisory Solutions Inc. Purchases 131,419 Shares of SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM)

Vestmark Advisory Solutions Inc. boosted its stake in shares of SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) by 164.6% during the 4th quarter, HoldingsChannel reports. The fund owned 211,256 shares of the company’s stock after purchasing an additional 131,419 shares during the period. Vestmark Advisory Solutions Inc.’s holdings in SPDR Portfolio Emerging Markets ETF were worth $8,106,000 at the end of the most recent quarter.

Several other large investors also recently added to or reduced their stakes in SPEM. Raymond James Financial Inc. bought a new stake in SPDR Portfolio Emerging Markets ETF during the fourth quarter worth approximately $76,342,000. BlueStem Wealth Partners LLC purchased a new position in shares of SPDR Portfolio Emerging Markets ETF during the fourth quarter valued at approximately $38,051,000. Bank of New York Mellon Corp boosted its position in shares of SPDR Portfolio Emerging Markets ETF by 37.9% during the fourth quarter. Bank of New York Mellon Corp now owns 2,694,747 shares of the company’s stock valued at $103,397,000 after buying an additional 740,980 shares during the period. State Street Corp boosted its position in shares of SPDR Portfolio Emerging Markets ETF by 10.4% during the third quarter. State Street Corp now owns 6,290,419 shares of the company’s stock valued at $259,668,000 after buying an additional 591,019 shares during the period. Finally, LPL Financial LLC boosted its position in shares of SPDR Portfolio Emerging Markets ETF by 5.2% during the third quarter. LPL Financial LLC now owns 9,644,278 shares of the company’s stock valued at $398,116,000 after buying an additional 476,292 shares during the period.

SPDR Portfolio Emerging Markets ETF Price Performance

Shares of NYSEARCA:SPEM opened at $39.95 on Thursday. SPDR Portfolio Emerging Markets ETF has a 1 year low of $35.00 and a 1 year high of $42.88. The business has a 50 day simple moving average of $38.89 and a two-hundred day simple moving average of $39.49. The firm has a market capitalization of $10.43 billion, a PE ratio of 14.32 and a beta of 0.66.

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.