Private Wealth Group LLC Raises Holdings in SPDR Portfolio Emerging Markets ETF $SPEM

Private Wealth Group LLC grew its position in shares of SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) by 9.3% in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 11,352 shares of the company’s stock after purchasing an additional 970 shares during the period. Private Wealth Group LLC’s holdings in SPDR Portfolio Emerging Markets ETF were worth $485,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently made changes to their positions in SPEM. Jane Street Group LLC purchased a new position in shares of SPDR Portfolio Emerging Markets ETF during the first quarter valued at about $57,992,000. 3EDGE Asset Management LP grew its position in shares of SPDR Portfolio Emerging Markets ETF by 2,500.7% during the first quarter. 3EDGE Asset Management LP now owns 777,050 shares of the company’s stock valued at $30,598,000 after purchasing an additional 747,171 shares in the last quarter. LPL Financial LLC grew its position in shares of SPDR Portfolio Emerging Markets ETF by 6.1% during the first quarter. LPL Financial LLC now owns 10,706,453 shares of the company’s stock valued at $421,513,000 after purchasing an additional 620,049 shares in the last quarter. Cerity Partners LLC grew its position in shares of SPDR Portfolio Emerging Markets ETF by 24.6% during the first quarter. Cerity Partners LLC now owns 2,766,398 shares of the company’s stock valued at $108,913,000 after purchasing an additional 545,724 shares in the last quarter. Finally, Envestnet Asset Management Inc. grew its position in shares of SPDR Portfolio Emerging Markets ETF by 7.8% during the first quarter. Envestnet Asset Management Inc. now owns 6,361,844 shares of the company’s stock valued at $250,466,000 after purchasing an additional 461,936 shares in the last quarter.

SPDR Portfolio Emerging Markets ETF Stock Up 0.3%

Shares of SPDR Portfolio Emerging Markets ETF stock opened at $47.35 on Friday. The firm has a market cap of $14.56 billion, a price-to-earnings ratio of 15.39 and a beta of 0.68. The business has a 50-day moving average price of $45.05 and a 200-day moving average price of $42.28. SPDR Portfolio Emerging Markets ETF has a twelve month low of $34.38 and a twelve month high of $47.44.

SPDR Portfolio Emerging Markets ETF Company 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.