Melone Private Wealth LLC Purchases 1,748 Shares of SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM)

Melone Private Wealth LLC lifted its position in shares of SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) by 1.6% in the fourth quarter, Holdings Channel reports. The institutional investor owned 114,240 shares of the company’s stock after acquiring an additional 1,748 shares during the period. SPDR Portfolio Emerging Markets ETF makes up about 2.3% of Melone Private Wealth LLC’s portfolio, making the stock its 18th largest position. Melone Private Wealth LLC’s holdings in SPDR Portfolio Emerging Markets ETF were worth $4,383,000 at the end of the most recent quarter.

A number of other institutional investors also recently modified their holdings of SPEM. LPL Financial LLC raised its stake in 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 worth $398,116,000 after purchasing an additional 476,292 shares in the last quarter. Allworth Financial LP increased its holdings in shares of SPDR Portfolio Emerging Markets ETF by 1.1% during 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 holdings in shares of SPDR Portfolio Emerging Markets ETF by 10.4% during 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. raised its position in shares of SPDR Portfolio Emerging Markets ETF by 10.2% in the third 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 boosted its stake in shares of SPDR Portfolio Emerging Markets ETF by 6.5% in the third 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 during the period.

SPDR Portfolio Emerging Markets ETF Price Performance

SPDR Portfolio Emerging Markets ETF stock opened at $37.51 on Wednesday. The firm has a market cap of $8.90 billion, a PE ratio of 13.05 and a beta of 0.81. The stock’s fifty day moving average price is $39.26 and its two-hundred day moving average price is $39.18. SPDR Portfolio Emerging Markets ETF has a one year low of $33.52 and a one year 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.