Ade LLC Increases Stock Holdings in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM)

Ade LLC lifted its position in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) by 0.7% during the fourth quarter, HoldingsChannel reports. The institutional investor owned 100,976 shares of the company’s stock after purchasing an additional 660 shares during the period. SPDR Portfolio Emerging Markets ETF comprises approximately 2.5% of Ade LLC’s holdings, making the stock its 11th biggest holding. Ade LLC’s holdings in SPDR Portfolio Emerging Markets ETF were worth $3,576,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently modified their holdings of the company. Moneta Group Investment Advisors LLC raised its stake in SPDR Portfolio Emerging Markets ETF by 87,882.7% in the fourth quarter. Moneta Group Investment Advisors LLC now owns 203,176,699 shares of the company’s stock valued at $6,696,704,000 after purchasing an additional 202,945,771 shares in the last quarter. TIAA Trust National Association bought a new position in SPDR Portfolio Emerging Markets ETF during the third quarter valued at approximately $158,614,000. Bank of New York Mellon Corp grew its position in SPDR Portfolio Emerging Markets ETF by 1,703.8% during the third quarter. Bank of New York Mellon Corp now owns 3,355,273 shares of the company’s stock valued at $112,636,000 after acquiring an additional 3,169,265 shares during the last quarter. Financial Gravity Asset Management Inc. grew its position in SPDR Portfolio Emerging Markets ETF by 2,409.1% during the third quarter. Financial Gravity Asset Management Inc. now owns 2,966,496 shares of the company’s stock valued at $99,585,000 after acquiring an additional 2,848,268 shares during the last quarter. Finally, State Street Corp grew its position in SPDR Portfolio Emerging Markets ETF by 88.7% during the first quarter. State Street Corp now owns 3,693,417 shares of the company’s stock valued at $142,714,000 after acquiring an additional 1,735,765 shares during the last quarter.

SPDR Portfolio Emerging Markets ETF Price Performance

NYSEARCA SPEM traded up $0.11 on Thursday, reaching $35.49. 1,114,541 shares of the company’s stock traded hands, compared to its average volume of 1,925,041. SPDR Portfolio Emerging Markets ETF has a 12 month low of $32.06 and a 12 month high of $37.06. The stock has a market cap of $8.43 billion, a PE ratio of 12.11 and a beta of 0.78. The stock has a 50-day simple moving average of $35.86 and a 200 day simple moving average of $34.77.

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.