17,982 Shares in SPDR Portfolio Emerging Markets ETF $SPEM Acquired by Ocean Park Asset Management LLC

Ocean Park Asset Management LLC bought a new position in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) during the 2nd quarter, according to its most recent filing with the SEC. The institutional investor bought 17,982 shares of the company’s stock, valued at approximately $931,000.

Several other large investors have also recently bought and sold shares of SPEM. Charles Schwab Investment Management Inc. grew its position in shares of SPDR Portfolio Emerging Markets ETF by 20.1% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 15,874,429 shares of the company’s stock valued at $743,082,000 after purchasing an additional 2,653,013 shares in the last quarter. LPL Financial LLC raised its position in shares of SPDR Portfolio Emerging Markets ETF by 12.7% in the fourth quarter. LPL Financial LLC now owns 15,587,049 shares of the company’s stock worth $729,630,000 after buying an additional 1,758,866 shares in the last quarter. Allworth Financial LP raised its position in shares of SPDR Portfolio Emerging Markets ETF by 1.0% in the fourth quarter. Allworth Financial LP now owns 9,355,461 shares of the company’s stock worth $437,929,000 after buying an additional 94,029 shares in the last quarter. Morgan Stanley boosted its stake in SPDR Portfolio Emerging Markets ETF by 9.8% during the fourth quarter. Morgan Stanley now owns 6,997,855 shares of the company’s stock valued at $327,570,000 after buying an additional 622,595 shares during the period. Finally, Ameriprise Financial Inc. boosted its stake in SPDR Portfolio Emerging Markets ETF by 5.5% during the second quarter. Ameriprise Financial Inc. now owns 5,339,952 shares of the company’s stock valued at $228,232,000 after buying an additional 279,126 shares during the period.

SPDR Portfolio Emerging Markets ETF Stock Down 0.3%

SPDR Portfolio Emerging Markets ETF stock opened at $52.12 on Wednesday. The stock has a market cap of $17.64 billion, a price-to-earnings ratio of 15.39 and a beta of 0.60. The business has a 50-day simple moving average of $51.44 and a 200 day simple moving average of $50.33. SPDR Portfolio Emerging Markets ETF has a 52 week low of $43.86 and a 52 week high of $53.54.

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.