Savvy Advisors Inc. Has $11.31 Million Position in SPDR Portfolio Emerging Markets ETF $SPEM

Savvy Advisors Inc. increased its holdings in shares of SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) by 34.6% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 264,670 shares of the company’s stock after purchasing an additional 68,021 shares during the period. SPDR Portfolio Emerging Markets ETF makes up 0.8% of Savvy Advisors Inc.’s portfolio, making the stock its 25th biggest position. Savvy Advisors Inc. owned approximately 0.09% of SPDR Portfolio Emerging Markets ETF worth $11,312,000 as of its most recent SEC filing.

Several other institutional investors have also modified their holdings of SPEM. 3EDGE Asset Management LP lifted its holdings in shares of SPDR Portfolio Emerging Markets ETF by 309.6% during the 2nd quarter. 3EDGE Asset Management LP now owns 3,182,524 shares of the company’s stock valued at $135,997,000 after purchasing an additional 2,405,474 shares in the last quarter. Jane Street Group LLC bought a new stake in SPDR Portfolio Emerging Markets ETF in the 1st quarter valued at approximately $57,992,000. LPL Financial LLC lifted its stake in SPDR Portfolio Emerging Markets ETF by 6.1% in the 1st quarter. LPL Financial LLC now owns 10,706,453 shares of the company’s stock valued at $421,513,000 after acquiring an additional 620,049 shares in the last quarter. Cerity Partners LLC lifted its stake in SPDR Portfolio Emerging Markets ETF by 24.6% in the 1st quarter. Cerity Partners LLC now owns 2,766,398 shares of the company’s stock valued at $108,913,000 after acquiring an additional 545,724 shares in the last quarter. Finally, Envestnet Asset Management Inc. increased its position in shares of SPDR Portfolio Emerging Markets ETF by 7.8% during the 1st quarter. Envestnet Asset Management Inc. now owns 6,361,844 shares of the company’s stock worth $250,466,000 after purchasing an additional 461,936 shares during the last quarter.

SPDR Portfolio Emerging Markets ETF Stock Up 0.3%

NYSEARCA:SPEM opened at $48.31 on Thursday. The firm has a market capitalization of $14.86 billion, a price-to-earnings ratio of 15.39 and a beta of 0.56. SPDR Portfolio Emerging Markets ETF has a twelve month low of $34.38 and a twelve month high of $48.56. The stock’s 50 day moving average price is $46.30 and its two-hundred day moving average price is $43.45.

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.