Private Wealth Group LLC Raises Holdings in SPDR Portfolio Emerging Markets ETF $SPEM

Private Wealth Group LLC boosted its holdings in shares of SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) by 9.3% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 11,352 shares of the company’s stock after buying an additional 970 shares during the quarter. Private Wealth Group LLC’s holdings in SPDR Portfolio Emerging Markets ETF were worth $485,000 as of its most recent SEC filing.

Several other institutional investors also recently bought and sold shares of the business. LPL Financial LLC increased its holdings in SPDR Portfolio Emerging Markets ETF by 6.1% during the first quarter. LPL Financial LLC now owns 10,706,453 shares of the company’s stock valued at $421,513,000 after buying an additional 620,049 shares during the period. Allworth Financial LP increased its holdings in SPDR Portfolio Emerging Markets ETF by 1.2% during the first quarter. Allworth Financial LP now owns 6,567,549 shares of the company’s stock valued at $257,842,000 after buying an additional 80,992 shares during the period. Envestnet Asset Management Inc. increased its holdings in SPDR Portfolio Emerging Markets ETF by 7.8% during the first quarter. Envestnet Asset Management Inc. now owns 6,361,844 shares of the company’s stock valued at $250,466,000 after buying an additional 461,936 shares during the period. TIAA Trust National Association increased its holdings 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 valued at $238,807,000 after buying an additional 252,016 shares during the period. Finally, Ameriprise Financial Inc. increased its holdings in SPDR Portfolio Emerging Markets ETF by 0.7% during the first quarter. Ameriprise Financial Inc. now owns 5,060,826 shares of the company’s stock valued at $199,231,000 after buying an additional 33,522 shares during the period.

SPDR Portfolio Emerging Markets ETF Stock Up 0.3%

Shares of SPEM stock opened at $47.35 on Friday. The firm has a market cap of $14.56 billion, a price-to-earnings ratio of 15.39 and a beta of 0.68. The company’s 50 day moving average is $45.05 and its 200 day moving average is $42.28. SPDR Portfolio Emerging Markets ETF has a 52-week low of $34.38 and a 52-week high of $47.44.

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.