Strategic Wealth Investment Group LLC Takes Position in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM)

Strategic Wealth Investment Group LLC purchased a new stake in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) during the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor purchased 1,195 shares of the company’s stock, valued at approximately $46,000.

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

SPDR Portfolio Emerging Markets ETF Stock Performance

Shares of NYSEARCA SPEM opened at $38.30 on Tuesday. The firm’s 50-day simple moving average is $39.01 and its 200 day simple moving average is $39.18. The stock has a market cap of $9.09 billion, a price-to-earnings ratio of 13.05 and a beta of 0.81. SPDR Portfolio Emerging Markets ETF has a fifty-two week low of $33.94 and a fifty-two week high of $42.88.

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.