Legacy Solutions LLC Has $2.74 Million Holdings in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM)

Legacy Solutions LLC boosted its holdings in shares of SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) by 3.2% in the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 69,657 shares of the company’s stock after purchasing an additional 2,160 shares during the quarter. SPDR Portfolio Emerging Markets ETF comprises approximately 3.0% of Legacy Solutions LLC’s holdings, making the stock its 9th largest position. Legacy Solutions LLC’s holdings in SPDR Portfolio Emerging Markets ETF were worth $2,742,000 at the end of the most recent quarter.

A number of other hedge funds also recently modified their holdings of SPEM. Brooklyn FI LLC lifted its position in shares of SPDR Portfolio Emerging Markets ETF by 6,305.1% in the 4th quarter. Brooklyn FI LLC now owns 6,194,793 shares of the company’s stock worth $249,018,000 after acquiring an additional 6,098,077 shares during the period. Raymond James Financial Inc. acquired a new stake in shares of SPDR Portfolio Emerging Markets ETF in the 4th quarter valued at about $76,342,000. BlueStem Wealth Partners LLC acquired a new stake in shares of SPDR Portfolio Emerging Markets ETF in the 4th quarter valued at about $38,051,000. Bank of America Corp DE raised its stake in shares of SPDR Portfolio Emerging Markets ETF by 33.5% in the 4th quarter. Bank of America Corp DE now owns 2,956,916 shares of the company’s stock valued at $113,457,000 after purchasing an additional 742,179 shares during the period. Finally, Bank of New York Mellon Corp increased its position in shares of SPDR Portfolio Emerging Markets ETF by 37.9% in the fourth quarter. Bank of New York Mellon Corp now owns 2,694,747 shares of the company’s stock valued at $103,397,000 after acquiring an additional 740,980 shares during the last quarter.

SPDR Portfolio Emerging Markets ETF Stock Performance

NYSEARCA:SPEM opened at $41.38 on Friday. The stock’s 50-day simple moving average is $39.38 and its 200 day simple moving average is $39.30. The company has a market cap of $11.36 billion, a P/E ratio of 14.73 and a beta of 0.56. SPDR Portfolio Emerging Markets ETF has a 52-week low of $34.38 and a 52-week high of $42.88.

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.