Integrated Wealth Concepts LLC Increases Stock Holdings in SPDR Portfolio Emerging Markets ETF $SPEM

Integrated Wealth Concepts LLC grew its position in shares of SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) by 17.4% during the third quarter, HoldingsChannel reports. The firm owned 232,130 shares of the company’s stock after buying an additional 34,353 shares during the period. Integrated Wealth Concepts LLC’s holdings in SPDR Portfolio Emerging Markets ETF were worth $10,866,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also made changes to their positions in the company. Charles Schwab Investment Management Inc. lifted its stake in shares of SPDR Portfolio Emerging Markets ETF by 6,487.0% in the second quarter. Charles Schwab Investment Management Inc. now owns 10,916,062 shares of the company’s stock worth $466,552,000 after acquiring an additional 10,750,340 shares in the last quarter. Vantagepoint Investment Advisers LLC purchased a new stake in SPDR Portfolio Emerging Markets ETF during the 3rd quarter worth approximately $128,313,000. NorthRock Partners LLC increased its holdings in SPDR Portfolio Emerging Markets ETF by 38,107.1% during the 3rd quarter. NorthRock Partners LLC now owns 1,106,095 shares of the company’s stock worth $51,776,000 after purchasing an additional 1,103,200 shares during the last quarter. Betterment LLC raised its position in shares of SPDR Portfolio Emerging Markets ETF by 124.5% in the 2nd quarter. Betterment LLC now owns 1,824,389 shares of the company’s stock valued at $77,974,000 after purchasing an additional 1,011,871 shares in the last quarter. Finally, JPMorgan Chase & Co. raised its position in shares of SPDR Portfolio Emerging Markets ETF by 82.8% in the 3rd quarter. JPMorgan Chase & Co. now owns 1,815,376 shares of the company’s stock valued at $84,978,000 after purchasing an additional 822,327 shares in the last quarter.

SPDR Portfolio Emerging Markets ETF Price Performance

SPEM opened at $47.76 on Tuesday. SPDR Portfolio Emerging Markets ETF has a 12-month low of $34.38 and a 12-month high of $51.35. The stock has a market capitalization of $15.95 billion, a PE ratio of 15.39 and a beta of 0.56. The firm’s fifty day moving average price is $49.27 and its 200 day moving average price is $47.66.

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.