3EDGE Asset Management LP Has $152.30 Million Stock Position in SPDR Portfolio Emerging Markets ETF $SPEM

3EDGE Asset Management LP increased its holdings in shares of SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) by 0.6% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 3,253,661 shares of the company’s stock after acquiring an additional 18,037 shares during the quarter. SPDR Portfolio Emerging Markets ETF makes up approximately 7.9% of 3EDGE Asset Management LP’s holdings, making the stock its 2nd biggest holding. 3EDGE Asset Management LP’s holdings in SPDR Portfolio Emerging Markets ETF were worth $152,304,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also recently bought and sold shares of SPEM. Allworth Financial LP lifted its stake in SPDR Portfolio Emerging Markets ETF by 1.0% in the fourth quarter. Allworth Financial LP now owns 9,355,461 shares of the company’s stock valued at $437,929,000 after buying an additional 94,029 shares during the last quarter. Envestnet Asset Management Inc. lifted its position in SPDR Portfolio Emerging Markets ETF by 7.1% in the 3rd quarter. Envestnet Asset Management Inc. now owns 6,946,967 shares of the company’s stock valued at $325,188,000 after purchasing an additional 462,591 shares during the last quarter. Ameriprise Financial Inc. lifted its position in SPDR Portfolio Emerging Markets ETF by 5.5% in the 2nd quarter. Ameriprise Financial Inc. now owns 5,339,952 shares of the company’s stock valued at $228,232,000 after purchasing an additional 279,126 shares during the last quarter. Northwestern Mutual Wealth Management Co. grew its holdings in SPDR Portfolio Emerging Markets ETF by 3.7% in the 3rd quarter. Northwestern Mutual Wealth Management Co. now owns 3,503,688 shares of the company’s stock worth $164,008,000 after buying an additional 123,404 shares in the last quarter. Finally, Vantagepoint Investment Advisers LLC bought a new position in SPDR Portfolio Emerging Markets ETF in the 3rd quarter worth approximately $128,313,000.

SPDR Portfolio Emerging Markets ETF Price Performance

SPEM opened at $50.41 on Wednesday. The stock’s 50 day moving average price is $49.19 and its 200 day moving average price is $48.54. The stock has a market cap of $17.28 billion, a P/E ratio of 15.39 and a beta of 0.60. SPDR Portfolio Emerging Markets ETF has a 12 month low of $40.67 and a 12 month high of $53.03.

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.