Lifestyle Asset Management Inc. Buys 10,449 Shares of SPDR Portfolio Emerging Markets ETF $SPEM

Lifestyle Asset Management Inc. raised its stake in shares of SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) by 27.6% during the 4th quarter, according to its most recent filing with the SEC. The firm owned 48,334 shares of the company’s stock after acquiring an additional 10,449 shares during the period. Lifestyle Asset Management Inc.’s holdings in SPDR Portfolio Emerging Markets ETF were worth $2,263,000 as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in SPEM. Allworth Financial LP increased its holdings in SPDR Portfolio Emerging Markets ETF by 38.5% in the 3rd quarter. Allworth Financial LP now owns 9,261,432 shares of the company’s stock worth $433,528,000 after acquiring an additional 2,572,333 shares in the last quarter. NorthRock Partners LLC increased its holdings in SPDR Portfolio Emerging Markets ETF by 38,107.1% in the 3rd quarter. NorthRock Partners LLC now owns 1,106,095 shares of the company’s stock worth $51,776,000 after acquiring an additional 1,103,200 shares in the last quarter. HighTower Advisors LLC increased its holdings in SPDR Portfolio Emerging Markets ETF by 51.5% in the 4th quarter. HighTower Advisors LLC now owns 2,626,206 shares of the company’s stock worth $122,933,000 after acquiring an additional 893,023 shares in the last quarter. JPMorgan Chase & Co. boosted its position in shares of SPDR Portfolio Emerging Markets ETF by 82.8% in the third quarter. JPMorgan Chase & Co. now owns 1,815,376 shares of the company’s stock worth $84,978,000 after purchasing an additional 822,327 shares during the period. Finally, Bank of America Corp DE increased its stake in shares of SPDR Portfolio Emerging Markets ETF by 54.2% in the third quarter. Bank of America Corp DE now owns 2,300,860 shares of the company’s stock worth $107,703,000 after purchasing an additional 809,020 shares in the last quarter.

SPDR Portfolio Emerging Markets ETF Price Performance

Shares of NYSEARCA SPEM opened at $52.66 on Friday. The firm has a fifty day moving average price of $50.38 and a 200-day moving average price of $48.94. The stock has a market cap of $18.05 billion, a PE ratio of 15.39 and a beta of 0.60. SPDR Portfolio Emerging Markets ETF has a 1 year low of $40.83 and a 1 year high of $53.54.

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.