Park Avenue Securities LLC Makes New $35.90 Million Investment in SPDR Portfolio Emerging Markets ETF $SPEM

Park Avenue Securities LLC bought a new stake in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm bought 693,541 shares of the company’s stock, valued at approximately $35,898,000. Park Avenue Securities LLC owned approximately 0.21% of SPDR Portfolio Emerging Markets ETF as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors have also made changes to their positions in SPEM. State Street Corp grew its holdings in SPDR Portfolio Emerging Markets ETF by 6.7% during the 2nd quarter. State Street Corp now owns 5,231,398 shares of the company’s stock worth $270,882,000 after acquiring an additional 329,626 shares during the last quarter. Vantagepoint Investment Advisers LLC acquired a new stake in SPDR Portfolio Emerging Markets ETF in the 3rd quarter valued at about $130,375,000. Envestnet Portfolio Solutions Inc. increased its position in SPDR Portfolio Emerging Markets ETF by 12.6% in the 2nd quarter. Envestnet Portfolio Solutions Inc. now owns 2,123,055 shares of the company’s stock valued at $109,932,000 after acquiring an additional 237,526 shares in the last quarter. Royal Bank of Canada increased its position in SPDR Portfolio Emerging Markets ETF by 8.1% in the 1st quarter. Royal Bank of Canada now owns 1,155,291 shares of the company’s stock valued at $54,194,000 after acquiring an additional 86,967 shares in the last quarter. Finally, Private Advisor Group LLC increased its position in SPDR Portfolio Emerging Markets ETF by 8.1% in the 1st quarter. Private Advisor Group LLC now owns 1,119,846 shares of the company’s stock valued at $52,532,000 after acquiring an additional 83,733 shares in the last quarter.

SPDR Portfolio Emerging Markets ETF Trading Down 0.6%

Shares of NYSEARCA SPEM opened at $49.36 on Tuesday. SPDR Portfolio Emerging Markets ETF has a 1-year low of $45.28 and a 1-year high of $53.54. The company has a 50-day moving average of $52.11 and a two-hundred day moving average of $50.69. The company has a market cap of $16.42 billion, a PE ratio of 15.39 and a beta of 0.61.

SPDR Portfolio Emerging Markets ETF Company 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.