SPDR Portfolio Emerging Markets ETF $SPEM Shares Bought by Spire Wealth Management

Spire Wealth Management raised its holdings in shares of SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) by 93.3% in the 4th quarter, HoldingsChannel reports. The fund owned 25,348 shares of the company’s stock after buying an additional 12,236 shares during the quarter. Spire Wealth Management’s holdings in SPDR Portfolio Emerging Markets ETF were worth $1,187,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Vantagepoint Investment Advisers LLC acquired a new position in SPDR Portfolio Emerging Markets ETF in the third quarter valued at approximately $128,313,000. Allworth Financial LP boosted its holdings in shares of SPDR Portfolio Emerging Markets ETF by 38.5% in the 3rd quarter. Allworth Financial LP now owns 9,261,432 shares of the company’s stock valued at $433,528,000 after buying an additional 2,572,333 shares in the last quarter. NorthRock Partners LLC grew its position in shares of SPDR Portfolio Emerging Markets ETF by 38,107.1% in the 3rd quarter. NorthRock Partners LLC now owns 1,106,095 shares of the company’s stock valued at $51,776,000 after buying an additional 1,103,200 shares during the last quarter. Betterment LLC raised its stake in SPDR Portfolio Emerging Markets ETF by 124.5% during the 2nd quarter. Betterment LLC now owns 1,824,389 shares of the company’s stock worth $77,974,000 after acquiring an additional 1,011,871 shares in the last quarter. Finally, JPMorgan Chase & Co. raised its stake in SPDR Portfolio Emerging Markets ETF by 82.8% during the 3rd quarter. JPMorgan Chase & Co. now owns 1,815,376 shares of the company’s stock worth $84,978,000 after acquiring an additional 822,327 shares in the last quarter.

SPDR Portfolio Emerging Markets ETF Price Performance

NYSEARCA SPEM opened at $46.91 on Wednesday. SPDR Portfolio Emerging Markets ETF has a 1 year low of $34.38 and a 1 year high of $51.35. The company has a market capitalization of $15.67 billion, a PE ratio of 15.39 and a beta of 0.56. The company has a fifty day moving average of $48.82 and a two-hundred day moving average of $47.77.

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.