Venturi Wealth Management LLC Purchases 24,346 Shares of SPDR Portfolio Emerging Markets ETF $SPEM

Venturi Wealth Management LLC increased its holdings in shares of SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) by 4.0% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 632,277 shares of the company’s stock after buying an additional 24,346 shares during the period. SPDR Portfolio Emerging Markets ETF comprises approximately 1.4% of Venturi Wealth Management LLC’s portfolio, making the stock its 13th largest position. Venturi Wealth Management LLC owned 0.21% of SPDR Portfolio Emerging Markets ETF worth $29,597,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in SPEM. Creative Planning lifted its holdings in shares of SPDR Portfolio Emerging Markets ETF by 0.9% during the second quarter. Creative Planning now owns 22,882,892 shares of the company’s stock worth $978,015,000 after purchasing an additional 208,911 shares during the period. Charles Schwab Investment Management Inc. raised its position in SPDR Portfolio Emerging Markets ETF by 6,487.0% during the 2nd quarter. Charles Schwab Investment Management Inc. now owns 10,916,062 shares of the company’s stock worth $466,552,000 after purchasing an additional 10,750,340 shares during the last quarter. Allworth Financial LP lifted its holdings in SPDR Portfolio Emerging Markets ETF by 1.9% during the 2nd quarter. Allworth Financial LP now owns 6,689,099 shares of the company’s stock worth $285,892,000 after buying an additional 121,550 shares during the period. Envestnet Asset Management Inc. grew its position in shares of SPDR Portfolio Emerging Markets ETF by 1.9% in the 2nd quarter. Envestnet Asset Management Inc. now owns 6,484,376 shares of the company’s stock valued at $277,142,000 after buying an additional 122,532 shares during the last quarter. Finally, Ameriprise Financial Inc. increased its stake in shares of SPDR Portfolio Emerging Markets ETF by 5.5% in the second quarter. Ameriprise Financial Inc. now owns 5,339,952 shares of the company’s stock valued at $228,232,000 after buying an additional 279,126 shares during the period.

SPDR Portfolio Emerging Markets ETF Stock Performance

NYSEARCA:SPEM opened at $48.07 on Thursday. SPDR Portfolio Emerging Markets ETF has a fifty-two week low of $34.38 and a fifty-two week high of $48.58. The company has a 50 day simple moving average of $47.06 and a two-hundred day simple moving average of $45.68. The company has a market capitalization of $15.83 billion, a PE ratio of 15.39 and a beta of 0.56.

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.