GeoWealth Management LLC Has $37.21 Million Stake in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM)

GeoWealth Management LLC lessened its holdings in shares of SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) by 10.4% during the 4th quarter, HoldingsChannel reports. The firm owned 969,628 shares of the company’s stock after selling 112,472 shares during the period. SPDR Portfolio Emerging Markets ETF comprises approximately 1.2% of GeoWealth Management LLC’s holdings, making the stock its 15th largest holding. GeoWealth Management LLC’s holdings in SPDR Portfolio Emerging Markets ETF were worth $37,205,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also modified their holdings of the company. Blue Trust Inc. increased its position in SPDR Portfolio Emerging Markets ETF by 474.2% during the fourth quarter. Blue Trust Inc. now owns 2,274 shares of the company’s stock worth $94,000 after buying an additional 1,878 shares during the last quarter. Stifel Financial Corp raised its position in shares of SPDR Portfolio Emerging Markets ETF by 6.7% in the third quarter. Stifel Financial Corp now owns 64,565 shares of the company’s stock valued at $2,665,000 after purchasing an additional 4,049 shares during the period. Forbes J M & Co. LLP lifted its stake in shares of SPDR Portfolio Emerging Markets ETF by 0.7% during the 4th quarter. Forbes J M & Co. LLP now owns 265,153 shares of the company’s stock worth $10,174,000 after buying an additional 1,728 shares during the last quarter. Advisory Resource Group boosted its holdings in shares of SPDR Portfolio Emerging Markets ETF by 5.4% during the 3rd quarter. Advisory Resource Group now owns 60,213 shares of the company’s stock worth $2,486,000 after buying an additional 3,068 shares during the period. Finally, JPMorgan Chase & Co. raised its holdings in SPDR Portfolio Emerging Markets ETF by 3.1% in the 3rd quarter. JPMorgan Chase & Co. now owns 637,654 shares of the company’s stock valued at $26,322,000 after acquiring an additional 19,370 shares during the period.

SPDR Portfolio Emerging Markets ETF Stock Performance

Shares of SPDR Portfolio Emerging Markets ETF stock opened at $37.74 on Friday. SPDR Portfolio Emerging Markets ETF has a 52-week low of $34.38 and a 52-week high of $42.88. The stock has a market cap of $9.98 billion, a PE ratio of 13.71 and a beta of 0.56. The firm has a 50-day moving average of $39.01 and a 200-day moving average of $39.43.

SPDR Portfolio Emerging Markets ETF Profile

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.