SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) Shares Acquired by Wealth Advisors of Iowa LLC

Wealth Advisors of Iowa LLC lifted its position in shares of SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) by 27.5% in the fourth quarter, Holdings Channel reports. The institutional investor owned 29,808 shares of the company’s stock after acquiring an additional 6,424 shares during the quarter. SPDR Portfolio Emerging Markets ETF comprises approximately 0.6% of Wealth Advisors of Iowa LLC’s holdings, making the stock its 23rd largest position. Wealth Advisors of Iowa LLC’s holdings in SPDR Portfolio Emerging Markets ETF were worth $1,144,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also made changes to their positions in the company. LPL Financial LLC increased its holdings in shares of SPDR Portfolio Emerging Markets ETF by 5.2% during the 3rd quarter. LPL Financial LLC now owns 9,644,278 shares of the company’s stock worth $398,116,000 after buying an additional 476,292 shares during the last quarter. Allworth Financial LP boosted its position in shares of SPDR Portfolio Emerging Markets ETF by 3.0% during the 4th quarter. Allworth Financial LP now owns 6,486,557 shares of the company’s stock worth $250,381,000 after purchasing an additional 189,092 shares during the period. State Street Corp boosted its position in SPDR Portfolio Emerging Markets ETF by 10.4% in the 3rd quarter. State Street Corp now owns 6,290,419 shares of the company’s stock valued at $259,668,000 after buying an additional 591,019 shares during the period. Brooklyn FI LLC boosted its position in SPDR Portfolio Emerging Markets ETF by 6,305.1% in the 4th quarter. Brooklyn FI LLC now owns 6,194,793 shares of the company’s stock valued at $249,018,000 after buying an additional 6,098,077 shares during the period. Finally, Bank of New York Mellon Corp boosted its position in SPDR Portfolio Emerging Markets ETF by 37.9% in the 4th quarter. Bank of New York Mellon Corp now owns 2,694,747 shares of the company’s stock valued at $103,397,000 after buying an additional 740,980 shares during the period.

SPDR Portfolio Emerging Markets ETF Stock Down 0.9 %

Shares of SPEM stock opened at $40.20 on Friday. SPDR Portfolio Emerging Markets ETF has a 52 week low of $35.00 and a 52 week high of $42.88. The stock has a market capitalization of $10.63 billion, a PE ratio of 14.80 and a beta of 0.67. The firm has a 50 day moving average of $39.22 and a two-hundred day moving average of $39.58.

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.