Ervin Investment Management LLC Has $2.80 Million Position in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM)

Ervin Investment Management LLC grew its stake in shares of SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) by 5.2% in the fourth quarter, according to its most recent disclosure with the SEC. The fund owned 72,947 shares of the company’s stock after buying an additional 3,597 shares during the period. SPDR Portfolio Emerging Markets ETF makes up 1.9% of Ervin Investment Management LLC’s investment portfolio, making the stock its 13th biggest holding. Ervin Investment Management LLC’s holdings in SPDR Portfolio Emerging Markets ETF were worth $2,799,000 as of its most recent filing with the SEC.

A number of other large investors have also made changes to their positions in SPEM. LPL Financial LLC raised its position in SPDR Portfolio Emerging Markets ETF by 5.2% in the third 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 raised its position in SPDR Portfolio Emerging Markets ETF by 1.1% in 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 in the last quarter. State Street Corp raised its position in SPDR Portfolio Emerging Markets ETF by 10.4% in 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 in the last quarter. Assetmark Inc. raised its position in 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 worth $91,333,000 after purchasing an additional 204,960 shares in the last quarter. Finally, Townsquare Capital LLC raised its position in 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 worth $88,936,000 after purchasing an additional 132,008 shares in the last quarter.

SPDR Portfolio Emerging Markets ETF Trading Up 0.9 %

Shares of SPDR Portfolio Emerging Markets ETF stock opened at $38.26 on Monday. The stock has a market capitalization of $9.08 billion, a price-to-earnings ratio of 13.05 and a beta of 0.81. SPDR Portfolio Emerging Markets ETF has a 1-year low of $33.72 and a 1-year high of $42.88. The firm’s 50-day moving average price is $39.09 and its two-hundred day moving average price is $39.18.

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.