250,575 Shares in SPDR Portfolio Emerging Markets ETF $SPEM Acquired by Moneco Advisors LLC

Moneco Advisors LLC purchased a new position in shares of SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm purchased 250,575 shares of the company’s stock, valued at approximately $12,970,000. SPDR Portfolio Emerging Markets ETF accounts for approximately 0.8% of Moneco Advisors LLC’s portfolio, making the stock its 25th biggest holding. Moneco Advisors LLC owned approximately 0.08% of SPDR Portfolio Emerging Markets ETF as of its most recent SEC filing.

Other hedge funds and other institutional investors have also bought and sold shares of the company. State Street Corp increased its position in shares of SPDR Portfolio Emerging Markets ETF by 6.7% during the 2nd quarter. State Street Corp now owns 5,231,398 shares of the company’s stock valued at $270,882,000 after purchasing an additional 329,626 shares during the last quarter. Vantagepoint Investment Advisers LLC bought a new stake in shares of SPDR Portfolio Emerging Markets ETF during the 3rd quarter worth $130,375,000. Envestnet Portfolio Solutions Inc. raised its stake in shares of SPDR Portfolio Emerging Markets ETF by 12.6% during the 2nd quarter. Envestnet Portfolio Solutions Inc. now owns 2,123,055 shares of the company’s stock worth $109,932,000 after purchasing an additional 237,526 shares during the period. Royal Bank of Canada boosted its holdings in shares of SPDR Portfolio Emerging Markets ETF by 8.1% in the 1st quarter. Royal Bank of Canada now owns 1,155,291 shares of the company’s stock worth $54,194,000 after buying an additional 86,967 shares during the last quarter. Finally, NewEdge Advisors LLC boosted its holdings in shares of SPDR Portfolio Emerging Markets ETF by 30.3% in the 2nd quarter. NewEdge Advisors LLC now owns 879,360 shares of the company’s stock worth $45,533,000 after buying an additional 204,270 shares during the last quarter.

SPDR Portfolio Emerging Markets ETF Stock Performance

Shares of NYSEARCA:SPEM opened at $49.18 on Wednesday. The company has a market capitalization of $16.36 billion, a P/E ratio of 15.39 and a beta of 0.63. The company’s 50-day moving average is $51.28 and its 200 day moving average is $50.71. SPDR Portfolio Emerging Markets ETF has a fifty-two week low of $45.28 and a fifty-two week high of $53.54.

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.