Focus Partners Wealth Grows Stock Position in SPDR Portfolio Emerging Markets ETF $SPEM

Focus Partners Wealth lifted its stake in shares of SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) by 14.2% in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 2,126,900 shares of the company’s stock after purchasing an additional 265,250 shares during the quarter. Focus Partners Wealth owned about 0.77% of SPDR Portfolio Emerging Markets ETF worth $83,736,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the business. Integrity Alliance LLC. grew its holdings in SPDR Portfolio Emerging Markets ETF by 59.9% during the first quarter. Integrity Alliance LLC. now owns 230,055 shares of the company’s stock worth $9,057,000 after acquiring an additional 86,191 shares during the period. Jane Street Group LLC acquired a new position in SPDR Portfolio Emerging Markets ETF during the first quarter worth $57,992,000. Advisory Alpha LLC grew its holdings in SPDR Portfolio Emerging Markets ETF by 4.8% during the first quarter. Advisory Alpha LLC now owns 1,166,226 shares of the company’s stock worth $45,900,000 after acquiring an additional 53,304 shares during the period. SCS Capital Management LLC acquired a new position in SPDR Portfolio Emerging Markets ETF during the first quarter worth $1,459,000. Finally, Arete Wealth Advisors LLC grew its holdings in SPDR Portfolio Emerging Markets ETF by 44.2% during the first quarter. Arete Wealth Advisors LLC now owns 70,350 shares of the company’s stock worth $2,770,000 after acquiring an additional 21,572 shares during the period.

SPDR Portfolio Emerging Markets ETF Stock Performance

SPDR Portfolio Emerging Markets ETF stock opened at $45.37 on Wednesday. The firm has a market capitalization of $13.20 billion, a price-to-earnings ratio of 15.39 and a beta of 0.68. SPDR Portfolio Emerging Markets ETF has a fifty-two week low of $34.38 and a fifty-two week high of $45.45. The stock’s fifty day moving average is $43.86 and its two-hundred day moving average is $41.41.

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.