Kensington Asset Management LLC grew its position in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM – Free Report) by 87.6% in the fourth quarter, Holdings Channel.com reports. The fund owned 237,569 shares of the company’s stock after buying an additional 110,940 shares during the period. SPDR Portfolio Emerging Markets ETF makes up 0.6% of Kensington Asset Management LLC’s investment portfolio, making the stock its 22nd largest holding. Kensington Asset Management LLC’s holdings in SPDR Portfolio Emerging Markets ETF were worth $11,125,000 at the end of the most recent quarter.
A number of other hedge funds also recently modified their holdings of SPEM. Charles Schwab Investment Management Inc. lifted its position in shares of SPDR Portfolio Emerging Markets ETF by 20.1% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 15,874,429 shares of the company’s stock worth $743,082,000 after acquiring an additional 2,653,013 shares during the period. Allworth Financial LP lifted its position in shares of SPDR Portfolio Emerging Markets ETF by 38.5% in the 3rd quarter. Allworth Financial LP now owns 9,261,432 shares of the company’s stock worth $433,528,000 after acquiring an additional 2,572,333 shares during the period. LPL Financial LLC lifted its position in shares of SPDR Portfolio Emerging Markets ETF by 12.7% in the 4th quarter. LPL Financial LLC now owns 15,587,049 shares of the company’s stock worth $729,630,000 after acquiring an additional 1,758,866 shares during the period. NorthRock Partners LLC lifted its position in shares of SPDR Portfolio Emerging Markets ETF by 38,107.1% in the 3rd quarter. NorthRock Partners LLC now owns 1,106,095 shares of the company’s stock worth $51,776,000 after acquiring an additional 1,103,200 shares during the period. Finally, HighTower Advisors LLC lifted its position in shares of SPDR Portfolio Emerging Markets ETF by 51.5% during the 4th quarter. HighTower Advisors LLC now owns 2,626,206 shares of the company’s stock worth $122,933,000 after buying an additional 893,023 shares during the period.
SPDR Portfolio Emerging Markets ETF Price Performance
SPDR Portfolio Emerging Markets ETF stock opened at $52.11 on Friday. The company has a market capitalization of $17.86 billion, a PE ratio of 15.39 and a beta of 0.60. SPDR Portfolio Emerging Markets ETF has a one year low of $40.83 and a one year high of $53.54. The business has a 50 day simple moving average of $50.96 and a 200 day simple moving average of $49.12.
SPDR Portfolio Emerging Markets ETF 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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