SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) Shares Acquired by Moss Adams Wealth Advisors LLC

Moss Adams Wealth Advisors LLC boosted its holdings in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) by 27.7% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 111,780 shares of the company’s stock after acquiring an additional 24,267 shares during the quarter. SPDR Portfolio Emerging Markets ETF accounts for 0.8% of Moss Adams Wealth Advisors LLC’s portfolio, making the stock its 14th largest position. Moss Adams Wealth Advisors LLC owned about 0.05% of SPDR Portfolio Emerging Markets ETF worth $3,958,000 as of its most recent SEC filing.

Several other hedge funds have also recently added to or reduced their stakes in SPEM. TIAA Trust National Association acquired a new stake in shares of SPDR Portfolio Emerging Markets ETF in the 3rd quarter worth approximately $158,614,000. Bank of New York Mellon Corp lifted its position in SPDR Portfolio Emerging Markets ETF by 1,703.8% in the third quarter. Bank of New York Mellon Corp now owns 3,355,273 shares of the company’s stock worth $112,636,000 after purchasing an additional 3,169,265 shares during the period. Financial Gravity Asset Management Inc. boosted its stake in SPDR Portfolio Emerging Markets ETF by 2,409.1% during the 3rd quarter. Financial Gravity Asset Management Inc. now owns 2,966,496 shares of the company’s stock valued at $99,585,000 after purchasing an additional 2,848,268 shares in the last quarter. Envestnet Portfolio Solutions Inc. bought a new position in SPDR Portfolio Emerging Markets ETF during the 3rd quarter valued at $36,564,000. Finally, Creative Planning increased its position in shares of SPDR Portfolio Emerging Markets ETF by 4.5% during the 3rd quarter. Creative Planning now owns 24,946,540 shares of the company’s stock valued at $837,455,000 after purchasing an additional 1,075,145 shares during the period.

SPDR Portfolio Emerging Markets ETF Price Performance

Shares of SPDR Portfolio Emerging Markets ETF stock traded down $0.04 during trading on Wednesday, hitting $37.38. The stock had a trading volume of 756,359 shares, compared to its average volume of 1,845,492. The business has a fifty day moving average of $36.25 and a two-hundred day moving average of $35.11. SPDR Portfolio Emerging Markets ETF has a fifty-two week low of $32.06 and a fifty-two week high of $37.69. The firm has a market cap of $8.87 billion, a P/E ratio of 12.30 and a beta of 0.79.

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.