SPDR Portfolio Emerging Markets ETF $SPEM Stake Boosted by Woodmont Investment Counsel LLC

Woodmont Investment Counsel LLC grew its stake in shares of SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) by 4.5% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 428,795 shares of the company’s stock after purchasing an additional 18,394 shares during the quarter. SPDR Portfolio Emerging Markets ETF makes up 1.3% of Woodmont Investment Counsel LLC’s portfolio, making the stock its 19th largest holding. Woodmont Investment Counsel LLC owned about 0.13% of SPDR Portfolio Emerging Markets ETF worth $20,072,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors also recently made changes to their positions in SPEM. Brighton Jones LLC bought a new position in shares of SPDR Portfolio Emerging Markets ETF during the fourth quarter valued at approximately $289,000. AQR Capital Management LLC boosted its position in shares of 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 during the period. Goldman Sachs Group Inc. boosted its position in shares of SPDR Portfolio Emerging Markets ETF by 6.6% during the first quarter. Goldman Sachs Group Inc. now owns 104,799 shares of the company’s stock worth $4,126,000 after buying an additional 6,463 shares during the period. First Trust Advisors LP boosted its position in shares of SPDR Portfolio Emerging Markets ETF by 2.8% during the second quarter. First Trust Advisors LP now owns 9,682 shares of the company’s stock worth $414,000 after buying an additional 263 shares during the period. Finally, Marshall Wace LLP acquired a new position in shares of SPDR Portfolio Emerging Markets ETF during the second quarter worth approximately $768,000.

SPDR Portfolio Emerging Markets ETF Trading Up 4.4%

Shares of NYSEARCA SPEM opened at $49.07 on Thursday. The stock has a 50 day simple moving average of $48.54 and a 200-day simple moving average of $47.79. The company has a market cap of $16.82 billion, a PE ratio of 15.39 and a beta of 0.57. SPDR Portfolio Emerging Markets ETF has a 12-month low of $34.62 and a 12-month high of $51.35.

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.