SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) Shares Acquired by Cornerstone Wealth Management LLC

Cornerstone Wealth Management LLC lifted its stake in shares of SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) by 10.9% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund owned 63,793 shares of the company’s stock after purchasing an additional 6,278 shares during the period. Cornerstone Wealth Management LLC’s holdings in SPDR Portfolio Emerging Markets ETF were worth $2,448,000 as of its most recent filing with the SEC.

A number of other hedge funds have also bought and sold shares of SPEM. State Street Corp grew its position in shares of SPDR Portfolio Emerging Markets ETF by 10.4% in the 3rd quarter. State Street Corp now owns 6,290,419 shares of the company’s stock worth $259,668,000 after acquiring an additional 591,019 shares in the last quarter. LPL Financial LLC lifted its stake in SPDR Portfolio Emerging Markets ETF by 5.2% during the third quarter. LPL Financial LLC now owns 9,644,278 shares of the company’s stock worth $398,116,000 after purchasing an additional 476,292 shares during the last quarter. Tidal Investments LLC bought a new position in SPDR Portfolio Emerging Markets ETF during the third quarter worth $13,246,000. Magnolia Capital Advisors LLC acquired a new position in SPDR Portfolio Emerging Markets ETF in the second quarter worth $10,530,000. Finally, Assetmark Inc. increased its stake in SPDR Portfolio Emerging Markets ETF by 10.2% during the third 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 last quarter.

SPDR Portfolio Emerging Markets ETF Stock Performance

Shares of NYSEARCA:SPEM opened at $38.73 on Friday. SPDR Portfolio Emerging Markets ETF has a 1-year low of $33.94 and a 1-year high of $42.88. The company’s fifty day moving average is $39.02 and its two-hundred day moving average is $39.17. The stock has a market capitalization of $9.19 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.