Cetera Advisor Networks LLC Boosts Stock Holdings in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM)

Cetera Advisor Networks LLC grew its position in shares of SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) by 16.6% in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 606,411 shares of the company’s stock after purchasing an additional 86,475 shares during the quarter. Cetera Advisor Networks LLC’s holdings in SPDR Portfolio Emerging Markets ETF were worth $20,848,000 as of its most recent SEC filing.

Other institutional investors have also recently made changes to their positions in the company. Moneta Group Investment Advisors LLC increased its holdings in SPDR Portfolio Emerging Markets ETF by 87,882.7% in the 4th quarter. Moneta Group Investment Advisors LLC now owns 203,176,699 shares of the company’s stock worth $6,696,704,000 after acquiring an additional 202,945,771 shares in the last quarter. LPL Financial LLC increased its holdings in SPDR Portfolio Emerging Markets ETF by 16.1% in the 2nd quarter. LPL Financial LLC now owns 8,962,675 shares of the company’s stock worth $308,137,000 after acquiring an additional 1,242,943 shares in the last quarter. Allworth Financial LP increased its holdings in SPDR Portfolio Emerging Markets ETF by 8.1% in the 2nd quarter. Allworth Financial LP now owns 7,734,994 shares of the company’s stock worth $265,929,000 after acquiring an additional 577,325 shares in the last quarter. Envestnet Asset Management Inc. increased its holdings in SPDR Portfolio Emerging Markets ETF by 14.5% in the 2nd quarter. Envestnet Asset Management Inc. now owns 4,947,780 shares of the company’s stock worth $170,105,000 after acquiring an additional 626,489 shares in the last quarter. Finally, Ameriprise Financial Inc. increased its holdings in SPDR Portfolio Emerging Markets ETF by 70.0% in the 1st 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 in the last quarter.

SPDR Portfolio Emerging Markets ETF Stock Up 0.6 %

Shares of SPEM opened at $34.81 on Thursday. SPDR Portfolio Emerging Markets ETF has a 52-week low of $32.06 and a 52-week high of $36.44. The firm’s fifty day moving average is $33.50 and its two-hundred day moving average is $34.16. The stock has a market cap of $7.45 billion, a PE 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.