Diversify Advisory Services LLC lifted its holdings in shares of SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM – Free Report) by 34.8% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 44,538 shares of the company’s stock after purchasing an additional 11,510 shares during the period. Diversify Advisory Services LLC’s holdings in SPDR Portfolio Emerging Markets ETF were worth $1,824,000 as of its most recent SEC filing.
Several other institutional investors have also recently modified their holdings of the stock. Envestnet Asset Management Inc. increased its position in SPDR Portfolio Emerging Markets ETF by 6.9% during the second quarter. Envestnet Asset Management Inc. now owns 4,995,049 shares of the company’s stock worth $188,164,000 after buying an additional 323,995 shares in the last quarter. US Bancorp DE raised its stake in SPDR Portfolio Emerging Markets ETF by 40.9% in the 1st quarter. US Bancorp DE now owns 13,995 shares of the company’s stock valued at $506,000 after purchasing an additional 4,063 shares during the last quarter. Forbes Financial Planning Inc. lifted its holdings in SPDR Portfolio Emerging Markets ETF by 104.7% in the 2nd quarter. Forbes Financial Planning Inc. now owns 67,199 shares of the company’s stock valued at $2,531,000 after purchasing an additional 34,371 shares in the last quarter. Raymond James & Associates boosted its stake in shares of SPDR Portfolio Emerging Markets ETF by 9.1% during the 2nd quarter. Raymond James & Associates now owns 237,873 shares of the company’s stock worth $8,961,000 after purchasing an additional 19,939 shares during the last quarter. Finally, Second Line Capital LLC grew its holdings in shares of SPDR Portfolio Emerging Markets ETF by 4.5% during the second quarter. Second Line Capital LLC now owns 203,959 shares of the company’s stock worth $7,683,000 after buying an additional 8,783 shares in the last quarter.
SPDR Portfolio Emerging Markets ETF Price Performance
NYSEARCA:SPEM opened at $40.58 on Wednesday. SPDR Portfolio Emerging Markets ETF has a 1-year low of $32.23 and a 1-year high of $42.88. The firm has a 50 day simple moving average of $39.88 and a 200-day simple moving average of $38.42. The firm has a market cap of $9.63 billion, a PE ratio of 13.05 and a beta of 0.81.
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.
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