Envestnet Portfolio Solutions Inc. increased its position in shares of SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM – Free Report) by 2.8% during the fourth quarter, Holdings Channel reports. The institutional investor owned 2,162,944 shares of the company’s stock after purchasing an additional 58,577 shares during the quarter. Envestnet Portfolio Solutions Inc.’s holdings in SPDR Portfolio Emerging Markets ETF were worth $101,247,000 as of its most recent filing with the Securities & Exchange Commission.
Other large investors have also recently added to or reduced their stakes in the company. Brighton Jones LLC acquired a new stake in shares of SPDR Portfolio Emerging Markets ETF during the 4th quarter worth approximately $289,000. AQR Capital Management LLC boosted its stake in SPDR Portfolio Emerging Markets ETF by 80.2% during the first quarter. AQR Capital Management LLC now owns 31,388 shares of the company’s stock worth $1,236,000 after buying an additional 13,972 shares in the last quarter. Goldman Sachs Group Inc. increased its holdings in SPDR Portfolio Emerging Markets ETF by 6.6% in the 1st quarter. Goldman Sachs Group Inc. now owns 104,799 shares of the company’s stock valued at $4,126,000 after buying an additional 6,463 shares during the period. First Trust Advisors LP raised its stake in shares of SPDR Portfolio Emerging Markets ETF by 2.8% in the 2nd quarter. First Trust Advisors LP now owns 9,682 shares of the company’s stock valued at $414,000 after buying an additional 263 shares in the last quarter. Finally, Marshall Wace LLP bought a new position in shares of SPDR Portfolio Emerging Markets ETF during the 2nd quarter worth about $768,000.
SPDR Portfolio Emerging Markets ETF Stock Up 0.2%
NYSEARCA SPEM opened at $50.93 on Tuesday. SPDR Portfolio Emerging Markets ETF has a twelve month low of $40.67 and a twelve month high of $53.03. The stock has a market cap of $17.46 billion, a P/E ratio of 15.39 and a beta of 0.60. The company’s 50-day simple moving average is $49.13 and its 200 day simple moving average is $48.53.
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.
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Want to see what other hedge funds are holding SPEM? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM – Free Report).
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