SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) Shares Acquired by Envestnet Asset Management Inc.

Envestnet Asset Management Inc. grew its holdings in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) by 6.9% during the 2nd quarter, Holdings Channel reports. The firm owned 4,995,049 shares of the company’s stock after buying an additional 323,995 shares during the period. Envestnet Asset Management Inc.’s holdings in SPDR Portfolio Emerging Markets ETF were worth $188,164,000 at the end of the most recent reporting period.

Several other large investors have also modified their holdings of the business. Creative Planning grew its position in shares of SPDR Portfolio Emerging Markets ETF by 2.0% in the fourth quarter. Creative Planning now owns 25,451,348 shares of the company’s stock valued at $901,232,000 after purchasing an additional 504,808 shares during the last quarter. LPL Financial LLC boosted its position in SPDR Portfolio Emerging Markets ETF by 2.4% during the second quarter. LPL Financial LLC now owns 9,167,986 shares of the company’s stock worth $345,358,000 after acquiring an additional 218,418 shares during the last quarter. Allworth Financial LP boosted its position in SPDR Portfolio Emerging Markets ETF by 1.8% during the first quarter. Allworth Financial LP now owns 6,058,748 shares of the company’s stock worth $219,266,000 after acquiring an additional 109,901 shares during the last quarter. TIAA Trust National Association boosted its position in SPDR Portfolio Emerging Markets ETF by 6.1% during the first quarter. TIAA Trust National Association now owns 5,419,849 shares of the company’s stock worth $196,144,000 after acquiring an additional 312,818 shares during the last quarter. Finally, Wells Fargo & Company MN boosted its position in SPDR Portfolio Emerging Markets ETF by 38.2% during the fourth quarter. Wells Fargo & Company MN now owns 2,491,923 shares of the company’s stock worth $88,239,000 after acquiring an additional 688,304 shares during the last quarter.

SPDR Portfolio Emerging Markets ETF Stock Performance

Shares of NYSEARCA SPEM opened at $38.31 on Monday. SPDR Portfolio Emerging Markets ETF has a 1 year low of $32.06 and a 1 year high of $39.32. The firm’s 50 day moving average price is $38.03 and its 200 day moving average price is $37.38. The firm has a market cap of $9.09 billion, a P/E ratio of 13.05 and a beta of 0.81.

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.