SPDR Portfolio Emerging Markets ETF $SPEM Stake Lifted by Tradewinds Capital Management LLC

Tradewinds Capital Management LLC grew its stake in shares of SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) by 118.1% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 694,989 shares of the company’s stock after purchasing an additional 376,388 shares during the quarter. SPDR Portfolio Emerging Markets ETF accounts for 6.9% of Tradewinds Capital Management LLC’s investment portfolio, making the stock its 5th biggest position. Tradewinds Capital Management LLC owned 0.21% of SPDR Portfolio Emerging Markets ETF worth $32,532,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds also recently modified their holdings of the stock. Allworth Financial LP raised its holdings in shares of SPDR Portfolio Emerging Markets ETF by 38.5% during the 3rd quarter. Allworth Financial LP now owns 9,261,432 shares of the company’s stock valued at $433,528,000 after buying an additional 2,572,333 shares during the period. Envestnet Asset Management Inc. lifted its position in SPDR Portfolio Emerging Markets ETF by 7.1% during the 3rd quarter. Envestnet Asset Management Inc. now owns 6,946,967 shares of the company’s stock worth $325,188,000 after acquiring an additional 462,591 shares in the last quarter. Ameriprise Financial Inc. boosted its holdings in SPDR Portfolio Emerging Markets ETF by 5.5% in the 2nd quarter. Ameriprise Financial Inc. now owns 5,339,952 shares of the company’s stock worth $228,232,000 after acquiring an additional 279,126 shares during the period. Northwestern Mutual Wealth Management Co. boosted its holdings in SPDR Portfolio Emerging Markets ETF by 3.7% in the 3rd quarter. Northwestern Mutual Wealth Management Co. now owns 3,503,688 shares of the company’s stock worth $164,008,000 after acquiring an additional 123,404 shares during the period. Finally, 3EDGE Asset Management LP grew its position in SPDR Portfolio Emerging Markets ETF by 1.7% in the third quarter. 3EDGE Asset Management LP now owns 3,235,624 shares of the company’s stock valued at $151,402,000 after acquiring an additional 53,100 shares in the last quarter.

SPDR Portfolio Emerging Markets ETF Stock Down 0.7%

SPEM opened at $45.57 on Friday. The firm has a market capitalization of $15.22 billion, a P/E ratio of 15.39 and a beta of 0.56. The firm’s 50 day moving average is $48.92 and its 200-day moving average is $47.74. SPDR Portfolio Emerging Markets ETF has a 52-week low of $34.38 and a 52-week high of $51.35.

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.