SigFig Wealth Management LLC bought a new stake in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM – Free Report) during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm bought 272,825 shares of the company’s stock, valued at approximately $14,121,000. SPDR Portfolio Emerging Markets ETF comprises 0.4% of SigFig Wealth Management LLC’s investment portfolio, making the stock its 28th biggest position. SigFig Wealth Management LLC owned 0.08% of SPDR Portfolio Emerging Markets ETF at the end of the most recent reporting period.
A number of other institutional investors have also modified their holdings of SPEM. State Street Corp raised its position in SPDR Portfolio Emerging Markets ETF by 6.7% during the 2nd quarter. State Street Corp now owns 5,231,398 shares of the company’s stock worth $270,882,000 after buying an additional 329,626 shares during the last quarter. Cerity Partners LLC increased its stake in shares of SPDR Portfolio Emerging Markets ETF by 3.2% during the fourth quarter. Cerity Partners LLC now owns 2,773,927 shares of the company’s stock worth $129,848,000 after acquiring an additional 84,982 shares during the period. Focus Partners Wealth increased its stake in shares of SPDR Portfolio Emerging Markets ETF by 6.3% during the fourth quarter. Focus Partners Wealth now owns 2,209,880 shares of the company’s stock worth $103,255,000 after acquiring an additional 130,182 shares during the period. Envestnet Portfolio Solutions Inc. raised its holdings in SPDR Portfolio Emerging Markets ETF by 12.6% during the second quarter. Envestnet Portfolio Solutions Inc. now owns 2,123,055 shares of the company’s stock worth $109,932,000 after purchasing an additional 237,526 shares in the last quarter. Finally, Mariner LLC raised its holdings in SPDR Portfolio Emerging Markets ETF by 7.8% during the fourth quarter. Mariner LLC now owns 1,811,376 shares of the company’s stock worth $84,791,000 after purchasing an additional 131,079 shares in the last quarter.
SPDR Portfolio Emerging Markets ETF Stock Performance
NYSEARCA:SPEM traded down $0.61 during mid-day trading on Wednesday, reaching $52.23. The stock had a trading volume of 751,092 shares, compared to its average volume of 2,541,137. SPDR Portfolio Emerging Markets ETF has a twelve month low of $45.28 and a twelve month high of $53.54. The business has a 50 day simple moving average of $52.25 and a 200 day simple moving average of $51.19. The firm has a market capitalization of $17.63 billion, a price-to-earnings ratio of 15.39 and a beta of 0.61.
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.
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