Peak Financial Management Inc. Acquires 3,780 Shares of SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM)

Peak Financial Management Inc. grew its holdings in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) by 1.6% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 236,721 shares of the company’s stock after purchasing an additional 3,780 shares during the quarter. SPDR Portfolio Emerging Markets ETF comprises about 2.9% of Peak Financial Management Inc.’s portfolio, making the stock its 10th biggest position. Peak Financial Management Inc.’s holdings in SPDR Portfolio Emerging Markets ETF were worth $9,772,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. LPL Financial LLC grew its holdings in shares of SPDR Portfolio Emerging Markets ETF by 2.4% in the second quarter. LPL Financial LLC now owns 9,167,986 shares of the company’s stock valued at $345,358,000 after acquiring an additional 218,418 shares in the last quarter. TIAA Trust National Association lifted its stake in SPDR Portfolio Emerging Markets ETF by 6.1% in the first quarter. TIAA Trust National Association now owns 5,419,849 shares of the company’s stock valued at $196,144,000 after purchasing an additional 312,818 shares during the last quarter. Envestnet Asset Management Inc. lifted its stake in SPDR Portfolio Emerging Markets ETF by 6.9% in the second quarter. Envestnet Asset Management Inc. now owns 4,995,049 shares of the company’s stock valued at $188,164,000 after purchasing an additional 323,995 shares during the last quarter. Jane Street Group LLC lifted its stake in SPDR Portfolio Emerging Markets ETF by 44.4% in the first quarter. Jane Street Group LLC now owns 2,431,196 shares of the company’s stock valued at $87,985,000 after purchasing an additional 747,277 shares during the last quarter. Finally, Bank of New York Mellon Corp lifted its stake in SPDR Portfolio Emerging Markets ETF by 1.4% in the second quarter. Bank of New York Mellon Corp now owns 2,283,140 shares of the company’s stock valued at $86,006,000 after purchasing an additional 31,453 shares during the last quarter.

SPDR Portfolio Emerging Markets ETF Stock Down 2.1 %

SPDR Portfolio Emerging Markets ETF stock traded down $0.86 during trading on Tuesday, hitting $40.55. The stock had a trading volume of 1,079,746 shares, compared to its average volume of 1,614,784. SPDR Portfolio Emerging Markets ETF has a 1 year low of $32.06 and a 1 year high of $42.88. The stock’s 50 day moving average is $39.20 and its two-hundred day moving average is $38.09. The stock has a market cap of $9.63 billion, a price-to-earnings ratio of 13.05 and a beta of 0.81.

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.