Raymond James & Associates Buys 32,834 Shares of SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM)

Raymond James & Associates boosted its stake in shares of SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM – Get Rating) by 23.3% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 173,462 shares of the company’s stock after buying an additional 32,834 shares during the quarter. Raymond James & Associates’ holdings in SPDR Portfolio Emerging Markets ETF were worth $5,717,000 as of its most recent SEC filing.

Several other large investors also recently added to or reduced their stakes in SPEM. Allworth Financial LP raised its stake in shares of SPDR Portfolio Emerging Markets ETF by 48.8% during the fourth quarter. Allworth Financial LP now owns 6,882,699 shares of the company’s stock valued at $226,854,000 after acquiring an additional 2,257,452 shares in the last quarter. State Street Corp raised its position in SPDR Portfolio Emerging Markets ETF by 88.7% during the 1st quarter. State Street Corp now owns 3,693,417 shares of the company’s stock valued at $142,714,000 after purchasing an additional 1,735,765 shares in the last quarter. 3EDGE Asset Management LP purchased a new stake in shares of SPDR Portfolio Emerging Markets ETF in the 4th quarter worth $56,555,000. CFM Wealth Partners LLC purchased a new stake in shares of SPDR Portfolio Emerging Markets ETF in the 4th quarter worth $54,372,000. Finally, Capital Analysts LLC grew its position in shares of SPDR Portfolio Emerging Markets ETF by 1,847.2% during the 4th quarter. Capital Analysts LLC now owns 994,764 shares of the company’s stock worth $32,787,000 after buying an additional 943,676 shares in the last quarter.

SPDR Portfolio Emerging Markets ETF Trading Down 0.1 %

Shares of SPDR Portfolio Emerging Markets ETF stock opened at $33.88 on Monday. SPDR Portfolio Emerging Markets ETF has a 12 month low of $29.80 and a 12 month high of $37.09. The stock’s fifty day moving average price is $33.86 and its 200-day moving average price is $33.94. The firm has a market cap of $6.86 billion, a P/E ratio of 10.59 and a beta of 0.68.

SPDR Portfolio Emerging Markets ETF Profile

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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.