Compass Planning Associates Inc Boosts Position in SPDR Portfolio Emerging Markets ETF $SPEM

Compass Planning Associates Inc boosted its holdings in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) by 42.4% during the 2nd quarter, according to its most recent disclosure with the SEC. The firm owned 1,814 shares of the company’s stock after buying an additional 540 shares during the period. Compass Planning Associates Inc’s holdings in SPDR Portfolio Emerging Markets ETF were worth $78,000 at the end of the most recent reporting period.

A number of other hedge funds also recently made changes to their positions in SPEM. Jane Street Group LLC purchased a new stake in shares of SPDR Portfolio Emerging Markets ETF during the first quarter valued at approximately $57,992,000. 3EDGE Asset Management LP raised its stake in shares of SPDR Portfolio Emerging Markets ETF by 2,500.7% during the first quarter. 3EDGE Asset Management LP now owns 777,050 shares of the company’s stock valued at $30,598,000 after purchasing an additional 747,171 shares during the period. LPL Financial LLC raised its stake in shares of SPDR Portfolio Emerging Markets ETF by 6.1% during the first quarter. LPL Financial LLC now owns 10,706,453 shares of the company’s stock valued at $421,513,000 after purchasing an additional 620,049 shares during the period. Cerity Partners LLC raised its stake in shares of SPDR Portfolio Emerging Markets ETF by 24.6% during the first quarter. Cerity Partners LLC now owns 2,766,398 shares of the company’s stock valued at $108,913,000 after purchasing an additional 545,724 shares during the period. Finally, Envestnet Asset Management Inc. raised its stake in shares of SPDR Portfolio Emerging Markets ETF by 7.8% during the first quarter. Envestnet Asset Management Inc. now owns 6,361,844 shares of the company’s stock valued at $250,466,000 after purchasing an additional 461,936 shares during the period.

SPDR Portfolio Emerging Markets ETF Stock Up 0.2%

SPEM opened at $47.20 on Friday. The firm has a market capitalization of $13.74 billion, a P/E ratio of 15.39 and a beta of 0.68. The firm’s 50 day moving average is $44.98 and its 200-day moving average is $42.22. SPDR Portfolio Emerging Markets ETF has a 52-week low of $34.38 and a 52-week high of $47.44.

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.