TRUE Private Wealth Advisors Purchases 3,431 Shares of SPDR Portfolio Emerging Markets ETF $SPEM

TRUE Private Wealth Advisors lifted its holdings in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) by 14.0% in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 27,944 shares of the company’s stock after acquiring an additional 3,431 shares during the period. TRUE Private Wealth Advisors’ holdings in SPDR Portfolio Emerging Markets ETF were worth $1,194,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Creative Planning increased its holdings in SPDR Portfolio Emerging Markets ETF by 0.9% in the second quarter. Creative Planning now owns 22,882,892 shares of the company’s stock worth $978,015,000 after purchasing an additional 208,911 shares in the last quarter. LPL Financial LLC increased its stake in shares of SPDR Portfolio Emerging Markets ETF by 6.1% in the 1st quarter. LPL Financial LLC now owns 10,706,453 shares of the company’s stock valued at $421,513,000 after acquiring an additional 620,049 shares in the last quarter. Allworth Financial LP lifted its position in shares of SPDR Portfolio Emerging Markets ETF by 1.9% during the 2nd quarter. Allworth Financial LP now owns 6,689,099 shares of the company’s stock valued at $285,892,000 after acquiring an additional 121,550 shares during the period. Envestnet Asset Management Inc. lifted its position in shares of SPDR Portfolio Emerging Markets ETF by 1.9% during the 2nd quarter. Envestnet Asset Management Inc. now owns 6,484,376 shares of the company’s stock valued at $277,142,000 after acquiring an additional 122,532 shares during the period. Finally, TIAA Trust National Association boosted its stake in SPDR Portfolio Emerging Markets ETF by 4.3% during the first quarter. TIAA Trust National Association now owns 6,065,716 shares of the company’s stock worth $238,807,000 after acquiring an additional 252,016 shares in the last quarter.

SPDR Portfolio Emerging Markets ETF Price Performance

SPEM stock opened at $46.60 on Wednesday. SPDR Portfolio Emerging Markets ETF has a 1 year low of $34.38 and a 1 year high of $48.56. The stock has a market capitalization of $14.39 billion, a PE ratio of 15.39 and a beta of 0.56. The company’s 50-day moving average is $47.08 and its 200-day moving average is $44.35.

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.