IAG Wealth Partners LLC increased its position in shares of SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM – Free Report) by 6.9% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 20,620 shares of the company’s stock after purchasing an additional 1,324 shares during the period. IAG Wealth Partners LLC’s holdings in SPDR Portfolio Emerging Markets ETF were worth $709,000 at the end of the most recent quarter.
Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Moneta Group Investment Advisors LLC increased its holdings in shares of SPDR Portfolio Emerging Markets ETF by 87,882.7% in the fourth quarter. Moneta Group Investment Advisors LLC now owns 203,176,699 shares of the company’s stock valued at $6,696,704,000 after buying an additional 202,945,771 shares in the last quarter. LPL Financial LLC increased its holdings in shares of SPDR Portfolio Emerging Markets ETF by 16.1% in the second quarter. LPL Financial LLC now owns 8,962,675 shares of the company’s stock valued at $308,137,000 after buying an additional 1,242,943 shares in the last quarter. Allworth Financial LP increased its holdings in shares of SPDR Portfolio Emerging Markets ETF by 8.1% in the second quarter. Allworth Financial LP now owns 7,734,994 shares of the company’s stock valued at $265,929,000 after buying an additional 577,325 shares in the last quarter. Envestnet Asset Management Inc. increased its holdings in shares of SPDR Portfolio Emerging Markets ETF by 14.5% in the second quarter. Envestnet Asset Management Inc. now owns 4,947,780 shares of the company’s stock valued at $170,105,000 after buying an additional 626,489 shares in the last quarter. Finally, Ameriprise Financial Inc. increased its holdings in shares of SPDR Portfolio Emerging Markets ETF by 70.0% in the first quarter. Ameriprise Financial Inc. now owns 4,751,061 shares of the company’s stock valued at $162,164,000 after buying an additional 1,955,990 shares in the last quarter.
SPDR Portfolio Emerging Markets ETF Trading Up 0.8 %
NYSEARCA:SPEM traded up $0.26 during trading hours on Monday, hitting $34.87. 248,854 shares of the stock traded hands, compared to its average volume of 1,737,736. The firm has a 50 day moving average price of $33.52 and a 200 day moving average price of $34.18. SPDR Portfolio Emerging Markets ETF has a fifty-two week low of $32.06 and a fifty-two week high of $36.44. The firm has a market cap of $7.46 billion, a price-to-earnings ratio of 10.59 and a beta of 0.68.
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.
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