UNIVEST FINANCIAL Corp Acquires 1,424 Shares of SPDR Portfolio Emerging Markets ETF $SPEM

UNIVEST FINANCIAL Corp boosted its holdings in shares of SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) by 10.9% in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 14,456 shares of the company’s stock after purchasing an additional 1,424 shares during the period. UNIVEST FINANCIAL Corp’s holdings in SPDR Portfolio Emerging Markets ETF were worth $618,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the business. LPL Financial LLC lifted its stake in 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 worth $421,513,000 after purchasing an additional 620,049 shares during the period. Allworth Financial LP grew its stake in SPDR Portfolio Emerging Markets ETF by 1.2% during the first quarter. Allworth Financial LP now owns 6,567,549 shares of the company’s stock worth $257,842,000 after buying an additional 80,992 shares during the last quarter. Envestnet Asset Management Inc. increased its holdings in shares of SPDR Portfolio Emerging Markets ETF by 1.9% during the second quarter. Envestnet Asset Management Inc. now owns 6,484,376 shares of the company’s stock worth $277,142,000 after buying an additional 122,532 shares in the last quarter. TIAA Trust National Association raised its stake in shares of SPDR Portfolio Emerging Markets ETF by 4.3% in the first quarter. TIAA Trust National Association now owns 6,065,716 shares of the company’s stock valued at $238,807,000 after acquiring an additional 252,016 shares during the last quarter. Finally, Ameriprise Financial Inc. raised its stake in shares of SPDR Portfolio Emerging Markets ETF by 0.7% in the first quarter. Ameriprise Financial Inc. now owns 5,060,826 shares of the company’s stock valued at $199,231,000 after acquiring an additional 33,522 shares during the last quarter.

SPDR Portfolio Emerging Markets ETF Trading Down 1.0%

NYSEARCA:SPEM opened at $47.83 on Friday. SPDR Portfolio Emerging Markets ETF has a 1 year low of $34.38 and a 1 year high of $48.56. The firm has a 50 day moving average of $46.37 and a 200-day moving average of $43.48. The stock has a market capitalization of $14.71 billion, a P/E ratio of 15.39 and a beta of 0.56.

About SPDR Portfolio Emerging Markets ETF

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.