17,028 Shares of SPDR Portfolio Emerging Markets ETF $SPEM Purchased by Spectrum Planning & Advisory Services Inc.

Spectrum Planning & Advisory Services Inc. purchased a new position in shares of SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund purchased 17,028 shares of the company’s stock, valued at approximately $881,000.

A number of other hedge funds and other institutional investors have also recently modified their holdings of SPEM. State Street Corp increased its position in shares of SPDR Portfolio Emerging Markets ETF by 6.7% during the 2nd quarter. State Street Corp now owns 5,231,398 shares of the company’s stock valued at $270,882,000 after purchasing an additional 329,626 shares during the last quarter. Vantagepoint Investment Advisers LLC purchased a new stake in SPDR Portfolio Emerging Markets ETF in the third quarter worth approximately $130,375,000. Envestnet Portfolio Solutions Inc. boosted its stake in SPDR Portfolio Emerging Markets ETF by 12.6% in the second quarter. Envestnet Portfolio Solutions Inc. now owns 2,123,055 shares of the company’s stock worth $109,932,000 after buying an additional 237,526 shares in the last quarter. Royal Bank of Canada grew its position in SPDR Portfolio Emerging Markets ETF by 8.1% during the first quarter. Royal Bank of Canada now owns 1,155,291 shares of the company’s stock valued at $54,194,000 after acquiring an additional 86,967 shares during the last quarter. Finally, NewEdge Advisors LLC grew its position in SPDR Portfolio Emerging Markets ETF by 30.3% during the second quarter. NewEdge Advisors LLC now owns 879,360 shares of the company’s stock valued at $45,533,000 after acquiring an additional 204,270 shares during the last quarter.

SPDR Portfolio Emerging Markets ETF Stock Performance

SPEM stock opened at $49.83 on Thursday. The company has a market capitalization of $16.57 billion, a PE ratio of 15.39 and a beta of 0.63. SPDR Portfolio Emerging Markets ETF has a one year low of $45.28 and a one year high of $53.54. The company’s 50 day moving average price is $51.22 and its two-hundred day moving average price is $50.71.

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.