Capital Wealth Management LLC Has $19.39 Million Stock Position in SPDR Portfolio Emerging Markets ETF $SPEM

Capital Wealth Management LLC decreased its position in shares of SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) by 4.4% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 414,297 shares of the company’s stock after selling 19,291 shares during the quarter. SPDR Portfolio Emerging Markets ETF comprises 6.3% of Capital Wealth Management LLC’s holdings, making the stock its 6th largest holding. Capital Wealth Management LLC’s holdings in SPDR Portfolio Emerging Markets ETF were worth $19,393,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently modified their holdings of SPEM. Brighton Jones LLC bought a new stake in shares of SPDR Portfolio Emerging Markets ETF during the fourth quarter valued at approximately $289,000. AQR Capital Management LLC grew its holdings in SPDR Portfolio Emerging Markets ETF by 80.2% during the first quarter. AQR Capital Management LLC now owns 31,388 shares of the company’s stock worth $1,236,000 after buying an additional 13,972 shares in the last quarter. Goldman Sachs Group Inc. grew its holdings in SPDR Portfolio Emerging Markets ETF by 6.6% during the first quarter. Goldman Sachs Group Inc. now owns 104,799 shares of the company’s stock worth $4,126,000 after buying an additional 6,463 shares in the last quarter. First Trust Advisors LP grew its holdings in SPDR Portfolio Emerging Markets ETF by 2.8% during the second quarter. First Trust Advisors LP now owns 9,682 shares of the company’s stock worth $414,000 after buying an additional 263 shares in the last quarter. Finally, Marshall Wace LLP bought a new stake in SPDR Portfolio Emerging Markets ETF during the second quarter worth $768,000.

SPDR Portfolio Emerging Markets ETF Trading Up 1.5%

Shares of SPDR Portfolio Emerging Markets ETF stock opened at $51.24 on Friday. The stock has a fifty day simple moving average of $48.71 and a 200 day simple moving average of $48.19. SPDR Portfolio Emerging Markets ETF has a 12-month low of $39.40 and a 12-month high of $51.75. The company has a market capitalization of $17.57 billion, a P/E ratio of 15.39 and a beta of 0.57.

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.