Waverly Advisors LLC increased its position in shares of SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM – Free Report) by 8.2% during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 235,203 shares of the company’s stock after purchasing an additional 17,759 shares during the quarter. Waverly Advisors LLC owned 0.07% of SPDR Portfolio Emerging Markets ETF worth $11,033,000 at the end of the most recent reporting period.
Several other institutional investors have also recently added to or reduced their stakes in SPEM. Charles Schwab Investment Management Inc. boosted its holdings in shares of SPDR Portfolio Emerging Markets ETF by 20.1% in 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 buying an additional 2,653,013 shares during the period. LPL Financial LLC raised its stake in SPDR Portfolio Emerging Markets ETF by 12.7% during the fourth quarter. LPL Financial LLC now owns 15,587,049 shares of the company’s stock worth $729,630,000 after acquiring an additional 1,758,866 shares during the period. Allworth Financial LP lifted its holdings in 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 acquiring an additional 94,029 shares during the last quarter. Morgan Stanley boosted its stake in SPDR Portfolio Emerging Markets ETF by 9.8% in the fourth quarter. Morgan Stanley now owns 6,997,855 shares of the company’s stock valued at $327,570,000 after acquiring an additional 622,595 shares during the period. Finally, Ameriprise Financial Inc. boosted its stake in SPDR Portfolio Emerging Markets ETF by 5.5% in the second quarter. Ameriprise Financial Inc. now owns 5,339,952 shares of the company’s stock valued at $228,232,000 after acquiring an additional 279,126 shares during the period.
SPDR Portfolio Emerging Markets ETF Stock Performance
NYSEARCA:SPEM opened at $50.16 on Monday. The firm has a market capitalization of $16.98 billion, a PE ratio of 15.39 and a beta of 0.60. The stock has a 50 day moving average of $51.58 and a 200-day moving average of $50.10. SPDR Portfolio Emerging Markets ETF has a 52 week low of $42.66 and a 52 week high of $53.54.
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.
Featured Stories
- Five stocks we like better than SPDR Portfolio Emerging Markets ETF
- RTX and Lockheed Earnings: Can Strong Guidance Reset the Defense Trade?
- These 4 Earnings Reports Expose the Market’s Growing Economic Divide
- Broadcom May Be the Biggest Winner From Alphabet’s Earnings
- Volatility Is Back and These 3 Market Tollbooths Are Best Positioned to Profit
Receive News & Ratings for SPDR Portfolio Emerging Markets ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for SPDR Portfolio Emerging Markets ETF and related companies with MarketBeat.com's FREE daily email newsletter.
