Envestnet Portfolio Solutions Inc. Has $109.93 Million Stake in SPDR Portfolio Emerging Markets ETF $SPEM

Envestnet Portfolio Solutions Inc. raised its position in shares of SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) by 12.6% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 2,123,055 shares of the company’s stock after acquiring an additional 237,526 shares during the period. Envestnet Portfolio Solutions Inc. owned approximately 0.63% of SPDR Portfolio Emerging Markets ETF worth $109,932,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently made changes to their positions in SPEM. LPL Financial LLC lifted its position in shares of SPDR Portfolio Emerging Markets ETF by 12.7% during the 4th quarter. LPL Financial LLC now owns 15,587,049 shares of the company’s stock worth $729,630,000 after purchasing an additional 1,758,866 shares during the last quarter. State Street Corp grew its holdings in SPDR Portfolio Emerging Markets ETF by 6.7% in the 2nd quarter. State Street Corp now owns 5,231,398 shares of the company’s stock valued at $270,882,000 after buying an additional 329,626 shares during the last quarter. Cerity Partners LLC grew its holdings in SPDR Portfolio Emerging Markets ETF by 3.2% in the 4th quarter. Cerity Partners LLC now owns 2,773,927 shares of the company’s stock valued at $129,848,000 after buying an additional 84,982 shares during the last quarter. Focus Partners Wealth increased its position in SPDR Portfolio Emerging Markets ETF by 6.3% in the 4th quarter. Focus Partners Wealth now owns 2,209,880 shares of the company’s stock worth $103,255,000 after buying an additional 130,182 shares during the period. Finally, Mariner LLC increased its position in SPDR Portfolio Emerging Markets ETF by 7.8% in the 4th quarter. Mariner LLC now owns 1,811,376 shares of the company’s stock worth $84,791,000 after buying an additional 131,079 shares during the period.

SPDR Portfolio Emerging Markets ETF Stock Down 1.6%

Shares of SPEM stock traded down $0.87 during trading hours on Wednesday, reaching $52.50. 1,539,402 shares of the company’s stock were exchanged, compared to its average volume of 2,586,063. SPDR Portfolio Emerging Markets ETF has a fifty-two week low of $45.28 and a fifty-two week high of $53.54. The stock has a market capitalization of $17.72 billion, a P/E ratio of 15.39 and a beta of 0.61. The business has a fifty day moving average price of $51.94 and a 200-day moving average price of $50.87.

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.