24,700 Shares in SPDR Portfolio Emerging Markets ETF $SPEM Purchased by ShoreHaven Wealth Partners LLC

ShoreHaven Wealth Partners LLC acquired a new stake in shares of SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) during the third quarter, HoldingsChannel.com reports. The firm acquired 24,700 shares of the company’s stock, valued at approximately $1,278,000.

Other institutional investors have also modified their holdings of the company. State Street Corp lifted its stake in shares of SPDR Portfolio Emerging Markets ETF by 6.7% in the 2nd quarter. State Street Corp now owns 5,231,398 shares of the company’s stock valued at $270,882,000 after purchasing an additional 329,626 shares during the last quarter. Envestnet Portfolio Solutions Inc. boosted its holdings in shares of SPDR Portfolio Emerging Markets ETF by 12.6% in the 2nd quarter. Envestnet Portfolio Solutions Inc. now owns 2,123,055 shares of the company’s stock worth $109,932,000 after purchasing an additional 237,526 shares during the period. Corient Private Wealth LLC increased its position in shares of SPDR Portfolio Emerging Markets ETF by 16.5% during the 4th quarter. Corient Private Wealth LLC now owns 1,319,880 shares of the company’s stock valued at $61,784,000 after purchasing an additional 187,095 shares during the last quarter. Royal Bank of Canada increased its position in shares of SPDR Portfolio Emerging Markets ETF by 8.1% during the 1st quarter. Royal Bank of Canada now owns 1,155,291 shares of the company’s stock valued at $54,194,000 after purchasing an additional 86,967 shares during the last quarter. Finally, Private Advisor Group LLC increased its position in shares of SPDR Portfolio Emerging Markets ETF by 8.1% during the 1st quarter. Private Advisor Group LLC now owns 1,119,846 shares of the company’s stock valued at $52,532,000 after purchasing an additional 83,733 shares during the last quarter.

SPDR Portfolio Emerging Markets ETF Stock Performance

NYSEARCA:SPEM opened at $50.69 on Friday. The stock’s fifty day moving average is $52.32 and its 200 day moving average is $51.46. SPDR Portfolio Emerging Markets ETF has a fifty-two week low of $45.28 and a fifty-two week high of $53.54. The firm has a market capitalization of $16.86 billion, a PE ratio of 15.39 and a beta of 0.61.

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.