Modera Wealth Management LLC boosted its holdings in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM – Free Report) by 643.3% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund owned 43,872 shares of the company’s stock after buying an additional 37,970 shares during the quarter. Modera Wealth Management LLC’s holdings in SPDR Portfolio Emerging Markets ETF were worth $1,683,000 as of its most recent SEC filing.
Other institutional investors also recently modified their holdings of the company. LPL Financial LLC boosted its stake 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 worth $398,116,000 after acquiring an additional 476,292 shares in the last quarter. Allworth Financial LP boosted its position in shares of SPDR Portfolio Emerging Markets ETF by 3.0% in the 4th quarter. Allworth Financial LP now owns 6,486,557 shares of the company’s stock valued at $250,381,000 after purchasing an additional 189,092 shares during the period. State Street Corp increased its stake in 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 purchasing an additional 591,019 shares in the last quarter. Bank of New York Mellon Corp increased its stake in SPDR Portfolio Emerging Markets ETF by 37.9% in the 4th quarter. Bank of New York Mellon Corp now owns 2,694,747 shares of the company’s stock worth $103,397,000 after purchasing an additional 740,980 shares in the last quarter. Finally, Assetmark Inc. raised its holdings in 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 worth $91,333,000 after buying an additional 204,960 shares during the period.
SPDR Portfolio Emerging Markets ETF Price Performance
Shares of SPEM opened at $38.54 on Tuesday. The company has a 50-day moving average of $38.87 and a two-hundred day moving average of $39.48. The stock has a market cap of $10.06 billion, a price-to-earnings ratio of 14.32 and a beta of 0.66. SPDR Portfolio Emerging Markets ETF has a one year low of $35.00 and a one year high of $42.88.
About SPDR Portfolio Emerging Markets ETF
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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