Tenet Wealth Partners LLC acquired a new position in shares of SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM – Free Report) during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund acquired 82,197 shares of the company’s stock, valued at approximately $4,155,000. SPDR Portfolio Emerging Markets ETF makes up about 3.1% of Tenet Wealth Partners LLC’s holdings, making the stock its 5th largest position.
Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Brighton Jones LLC acquired a new stake in shares of SPDR Portfolio Emerging Markets ETF during the 4th quarter valued at approximately $289,000. AQR Capital Management LLC boosted its stake in shares of SPDR Portfolio Emerging Markets ETF by 80.2% during the 1st quarter. AQR Capital Management LLC now owns 31,388 shares of the company’s stock worth $1,236,000 after acquiring an additional 13,972 shares in the last quarter. Goldman Sachs Group Inc. grew its holdings in shares of SPDR Portfolio Emerging Markets ETF by 6.6% in the 1st quarter. Goldman Sachs Group Inc. now owns 104,799 shares of the company’s stock worth $4,126,000 after acquiring an additional 6,463 shares during the period. First Trust Advisors LP grew its holdings in shares of SPDR Portfolio Emerging Markets ETF by 2.8% in the 2nd quarter. First Trust Advisors LP now owns 9,682 shares of the company’s stock worth $414,000 after acquiring an additional 263 shares during the period. Finally, Marshall Wace LLP acquired a new stake in shares of SPDR Portfolio Emerging Markets ETF in the 2nd quarter worth approximately $768,000.
SPDR Portfolio Emerging Markets ETF Price Performance
NYSEARCA SPEM opened at $53.41 on Friday. The business has a 50 day moving average price of $51.66 and a 200 day moving average price of $50.66. The company has a market capitalization of $18.08 billion, a P/E ratio of 15.39 and a beta of 0.61. SPDR Portfolio Emerging Markets ETF has a 1-year low of $44.62 and a 1-year high of $53.54.
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.
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