Brookstone Capital Management Raises Stake in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM)

Brookstone Capital Management grew its stake in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) by 2.8% in the second quarter, Holdings Channel reports. The fund owned 422,555 shares of the company’s stock after purchasing an additional 11,669 shares during the period. Brookstone Capital Management’s holdings in SPDR Portfolio Emerging Markets ETF were worth $14,485,000 at the end of the most recent quarter.

Other institutional investors have also modified their holdings of the company. Moneta Group Investment Advisors LLC increased its position in SPDR Portfolio Emerging Markets ETF by 87,882.7% during the fourth quarter. Moneta Group Investment Advisors LLC now owns 203,176,699 shares of the company’s stock worth $6,696,704,000 after purchasing an additional 202,945,771 shares during the last quarter. Creative Planning increased its holdings in shares of SPDR Portfolio Emerging Markets ETF by 4.1% during the 4th quarter. Creative Planning now owns 23,173,138 shares of the company’s stock worth $763,787,000 after buying an additional 908,280 shares during the last quarter. LPL Financial LLC lifted its holdings in SPDR Portfolio Emerging Markets ETF by 27.5% in the first quarter. LPL Financial LLC now owns 7,719,732 shares of the company’s stock valued at $263,474,000 after acquiring an additional 1,664,454 shares during the last quarter. Allworth Financial LP grew its position in SPDR Portfolio Emerging Markets ETF by 4.0% in the first quarter. Allworth Financial LP now owns 7,157,669 shares of the company’s stock worth $244,291,000 after acquiring an additional 274,970 shares during the period. Finally, Ameriprise Financial Inc. increased its stake in SPDR Portfolio Emerging Markets ETF by 70.0% during the first quarter. Ameriprise Financial Inc. now owns 4,751,061 shares of the company’s stock worth $162,164,000 after acquiring an additional 1,955,990 shares during the last quarter.

SPDR Portfolio Emerging Markets ETF Stock Down 0.5 %

NYSEARCA:SPEM traded down $0.17 on Friday, reaching $34.33. The company’s stock had a trading volume of 2,105,858 shares, compared to its average volume of 1,702,073. SPDR Portfolio Emerging Markets ETF has a 12-month low of $29.80 and a 12-month high of $36.44. The stock has a 50 day moving average price of $34.75 and a 200 day moving average price of $34.29. The firm has a market cap of $7.35 billion, a price-to-earnings ratio of 10.59 and a beta of 0.68.

SPDR Portfolio Emerging Markets ETF 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.