Avior Wealth Management LLC Has $6.86 Million Stock Position in SPDR Portfolio Emerging Markets ETF $SPEM

Avior Wealth Management LLC reduced its stake in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) by 1.7% during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 160,391 shares of the company’s stock after selling 2,788 shares during the quarter. Avior Wealth Management LLC owned about 0.06% of SPDR Portfolio Emerging Markets ETF worth $6,855,000 at the end of the most recent reporting period.

A number of other institutional investors also recently modified their holdings of SPEM. Jane Street Group LLC bought a new stake in SPDR Portfolio Emerging Markets ETF during the first quarter worth $57,992,000. 3EDGE Asset Management LP raised its holdings in shares of SPDR Portfolio Emerging Markets ETF by 2,500.7% during the 1st quarter. 3EDGE Asset Management LP now owns 777,050 shares of the company’s stock valued at $30,598,000 after buying an additional 747,171 shares in the last quarter. LPL Financial LLC grew its position in SPDR Portfolio Emerging Markets ETF by 6.1% during the 1st quarter. LPL Financial LLC now owns 10,706,453 shares of the company’s stock worth $421,513,000 after acquiring an additional 620,049 shares during the last quarter. Cerity Partners LLC grew its position in SPDR Portfolio Emerging Markets ETF by 24.6% during the 1st quarter. Cerity Partners LLC now owns 2,766,398 shares of the company’s stock worth $108,913,000 after acquiring an additional 545,724 shares during the last quarter. Finally, Envestnet Asset Management Inc. grew its position in shares of SPDR Portfolio Emerging Markets ETF by 7.8% in the 1st quarter. Envestnet Asset Management Inc. now owns 6,361,844 shares of the company’s stock worth $250,466,000 after buying an additional 461,936 shares during the last quarter.

SPDR Portfolio Emerging Markets ETF Stock Performance

Shares of SPEM stock opened at $46.26 on Friday. SPDR Portfolio Emerging Markets ETF has a fifty-two week low of $34.38 and a fifty-two week high of $47.21. The firm has a market cap of $13.46 billion, a P/E ratio of 15.39 and a beta of 0.68. The business’s 50 day moving average price is $44.74 and its 200-day moving average price is $42.04.

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.