SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) is Capital Wealth Management LLC’s 5th Largest Position

Capital Wealth Management LLC increased its holdings in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) by 7.3% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 413,001 shares of the company’s stock after buying an additional 28,239 shares during the quarter. SPDR Portfolio Emerging Markets ETF accounts for about 6.8% of Capital Wealth Management LLC’s investment portfolio, making the stock its 5th largest position. Capital Wealth Management LLC owned approximately 0.17% of SPDR Portfolio Emerging Markets ETF worth $15,847,000 at the end of the most recent quarter.

Other large investors also recently added to or reduced their stakes in the company. LPL Financial LLC lifted its position in shares of SPDR Portfolio Emerging Markets ETF by 5.2% during the 3rd quarter. LPL Financial LLC now owns 9,644,278 shares of the company’s stock valued at $398,116,000 after buying an additional 476,292 shares in the last quarter. Allworth Financial LP boosted its position in shares of SPDR Portfolio Emerging Markets ETF by 1.1% in the third quarter. Allworth Financial LP now owns 6,297,465 shares of the company’s stock worth $259,959,000 after purchasing an additional 67,205 shares during the period. State Street Corp increased its stake in shares of SPDR Portfolio Emerging Markets ETF by 10.4% in the third quarter. State Street Corp now owns 6,290,419 shares of the company’s stock worth $259,668,000 after purchasing an additional 591,019 shares in the last quarter. Assetmark Inc. raised its position in shares of SPDR Portfolio Emerging Markets ETF by 10.2% during the 3rd quarter. Assetmark Inc. now owns 2,212,515 shares of the company’s stock valued at $91,333,000 after purchasing an additional 204,960 shares during the period. Finally, Townsquare Capital LLC lifted its stake in shares of SPDR Portfolio Emerging Markets ETF by 6.5% during the 3rd quarter. Townsquare Capital LLC now owns 2,154,446 shares of the company’s stock valued at $88,936,000 after buying an additional 132,008 shares in the last quarter.

SPDR Portfolio Emerging Markets ETF Stock Performance

Shares of SPDR Portfolio Emerging Markets ETF stock opened at $38.26 on Monday. The company has a fifty day moving average of $39.09 and a 200 day moving average of $39.18. The company has a market capitalization of $9.08 billion, a P/E ratio of 13.05 and a beta of 0.81. SPDR Portfolio Emerging Markets ETF has a fifty-two week low of $33.72 and a fifty-two week high of $42.88.

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.