Nwam LLC Raises Holdings in SPDR Portfolio Emerging Markets ETF $SPEM

Nwam LLC boosted its stake in shares of SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) by 99.1% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 33,588 shares of the company’s stock after acquiring an additional 16,717 shares during the quarter. Nwam LLC’s holdings in SPDR Portfolio Emerging Markets ETF were worth $1,583,000 at the end of the most recent reporting period.

A number of other large investors also recently bought and sold shares of SPEM. Charles Schwab Investment Management Inc. increased its holdings in shares of SPDR Portfolio Emerging Markets ETF by 6,487.0% during the 2nd quarter. Charles Schwab Investment Management Inc. now owns 10,916,062 shares of the company’s stock valued at $466,552,000 after purchasing an additional 10,750,340 shares in the last quarter. 3EDGE Asset Management LP grew its position in SPDR Portfolio Emerging Markets ETF by 309.6% during the second quarter. 3EDGE Asset Management LP now owns 3,182,524 shares of the company’s stock valued at $135,997,000 after buying an additional 2,405,474 shares during the period. Betterment LLC increased its holdings in SPDR Portfolio Emerging Markets ETF by 124.5% in the second quarter. Betterment LLC now owns 1,824,389 shares of the company’s stock valued at $77,974,000 after buying an additional 1,011,871 shares in the last quarter. Cassaday & Co Wealth Management LLC raised its position in shares of SPDR Portfolio Emerging Markets ETF by 686.2% in the second quarter. Cassaday & Co Wealth Management LLC now owns 1,141,575 shares of the company’s stock worth $48,791,000 after acquiring an additional 996,366 shares during the period. Finally, Advocacy Wealth Management Services LLC acquired a new position in shares of SPDR Portfolio Emerging Markets ETF in the second quarter worth about $29,141,000.

SPDR Portfolio Emerging Markets ETF Stock Down 0.6%

Shares of SPDR Portfolio Emerging Markets ETF stock opened at $48.69 on Friday. The firm has a market cap of $16.04 billion, a PE ratio of 15.39 and a beta of 0.56. SPDR Portfolio Emerging Markets ETF has a twelve month low of $34.38 and a twelve month high of $49.19. The business has a 50-day moving average price of $47.22 and a 200 day moving average price of $45.96.

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.