JDM Financial Group LLC Boosts Stock Holdings in SPDR Portfolio Emerging Markets ETF $SPEM

JDM Financial Group LLC lifted its holdings in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) by 6.2% during the first quarter, Holdings Channel.com reports. The institutional investor owned 310,231 shares of the company’s stock after acquiring an additional 18,097 shares during the quarter. SPDR Portfolio Emerging Markets ETF comprises approximately 3.0% of JDM Financial Group LLC’s holdings, making the stock its 9th biggest position. JDM Financial Group LLC’s holdings in SPDR Portfolio Emerging Markets ETF were worth $14,553,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors also recently modified their holdings of the company. Charles Schwab Investment Management Inc. increased its position in shares of SPDR Portfolio Emerging Markets ETF by 20.1% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 15,874,429 shares of the company’s stock valued at $743,082,000 after acquiring an additional 2,653,013 shares during the last quarter. LPL Financial LLC boosted its position in SPDR Portfolio Emerging Markets ETF by 12.7% in the fourth quarter. LPL Financial LLC now owns 15,587,049 shares of the company’s stock worth $729,630,000 after purchasing an additional 1,758,866 shares during the last quarter. Allworth Financial LP boosted its position 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 worth $437,929,000 after purchasing an additional 94,029 shares during the last quarter. Morgan Stanley boosted its position in SPDR Portfolio Emerging Markets ETF by 9.8% in the fourth quarter. Morgan Stanley now owns 6,997,855 shares of the company’s stock worth $327,570,000 after purchasing an additional 622,595 shares during the last quarter. Finally, Ameriprise Financial Inc. grew its stake 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 period.

SPDR Portfolio Emerging Markets ETF Price Performance

Shares of SPDR Portfolio Emerging Markets ETF stock opened at $50.54 on Friday. SPDR Portfolio Emerging Markets ETF has a 1 year low of $42.66 and a 1 year high of $53.54. The firm has a market cap of $17.11 billion, a PE ratio of 15.39 and a beta of 0.60. The stock has a fifty day moving average price of $51.52 and a 200-day moving average price of $50.16.

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.