World Investment Advisors Buys 20,552 Shares of SPDR Portfolio Emerging Markets ETF $SPEM

World Investment Advisors increased its stake in shares of SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) by 61.1% during the fourth quarter, according to its most recent filing with the SEC. The institutional investor owned 54,192 shares of the company’s stock after purchasing an additional 20,552 shares during the period. World Investment Advisors’ holdings in SPDR Portfolio Emerging Markets ETF were worth $2,537,000 as of its most recent SEC filing.

Several other large investors have also added to or reduced their stakes in the stock. Vericrest Private Wealth bought a new stake in shares of SPDR Portfolio Emerging Markets ETF during the fourth quarter valued at about $1,009,000. Corient Private Wealth LLC increased its holdings in 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 worth $61,784,000 after acquiring an additional 187,095 shares during the period. Gunpowder Capital Management LLC dba Oliver Wealth Management bought a new stake in SPDR Portfolio Emerging Markets ETF during the 4th quarter worth approximately $279,000. Rehmann Capital Advisory Group lifted its stake in SPDR Portfolio Emerging Markets ETF by 1.5% in the 4th quarter. Rehmann Capital Advisory Group now owns 14,966 shares of the company’s stock worth $701,000 after purchasing an additional 226 shares in the last quarter. Finally, Integrated Investment Consultants LLC boosted its holdings in SPDR Portfolio Emerging Markets ETF by 1.8% in the 4th quarter. Integrated Investment Consultants LLC now owns 189,201 shares of the company’s stock valued at $8,856,000 after purchasing an additional 3,316 shares during the period.

SPDR Portfolio Emerging Markets ETF Price Performance

Shares of NYSEARCA:SPEM opened at $53.08 on Friday. The firm has a fifty day moving average price of $51.51 and a two-hundred day moving average price of $49.33. The company has a market cap of $18.20 billion, a price-to-earnings ratio of 15.39 and a beta of 0.60. SPDR Portfolio Emerging Markets ETF has a one year low of $40.83 and a one year 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.