SPDR Portfolio Emerging Markets ETF $SPEM Shares Acquired by Peak Financial Management Inc.

Peak Financial Management Inc. grew its position in shares of SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) by 0.3% in the 2nd quarter, Holdings Channel reports. The institutional investor owned 253,600 shares of the company’s stock after acquiring an additional 636 shares during the period. SPDR Portfolio Emerging Markets ETF accounts for approximately 3.1% of Peak Financial Management Inc.’s investment portfolio, making the stock its 9th biggest holding. Peak Financial Management Inc.’s holdings in SPDR Portfolio Emerging Markets ETF were worth $10,839,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in SPEM. Jane Street Group LLC acquired a new stake in SPDR Portfolio Emerging Markets ETF in the 1st quarter worth approximately $57,992,000. 3EDGE Asset Management LP lifted its holdings in SPDR Portfolio Emerging Markets ETF by 2,500.7% in the 1st quarter. 3EDGE Asset Management LP now owns 777,050 shares of the company’s stock worth $30,598,000 after purchasing an additional 747,171 shares during the last quarter. LPL Financial LLC lifted its holdings in SPDR Portfolio Emerging Markets ETF by 6.1% in the 1st quarter. LPL Financial LLC now owns 10,706,453 shares of the company’s stock worth $421,513,000 after purchasing an additional 620,049 shares during the last quarter. Cerity Partners LLC lifted its holdings in SPDR Portfolio Emerging Markets ETF by 24.6% in the 1st quarter. Cerity Partners LLC now owns 2,766,398 shares of the company’s stock worth $108,913,000 after purchasing an additional 545,724 shares during the last quarter. Finally, Envestnet Asset Management Inc. lifted its holdings in SPDR Portfolio Emerging Markets ETF by 7.8% in the 1st quarter. Envestnet Asset Management Inc. now owns 6,361,844 shares of the company’s stock worth $250,466,000 after purchasing an additional 461,936 shares during the last quarter.

SPDR Portfolio Emerging Markets ETF Stock Performance

SPEM opened at $47.53 on Thursday. The business has a 50 day moving average price of $45.29 and a 200 day moving average price of $42.42. SPDR Portfolio Emerging Markets ETF has a twelve month low of $34.38 and a twelve month high of $47.67. The firm has a market cap of $14.62 billion, a P/E ratio of 15.39 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.