Gateway Wealth Partners LLC Boosts Holdings in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM)

Gateway Wealth Partners LLC raised its holdings in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) by 193.3% during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 19,427 shares of the company’s stock after purchasing an additional 12,803 shares during the quarter. Gateway Wealth Partners LLC’s holdings in SPDR Portfolio Emerging Markets ETF were worth $745,000 at the end of the most recent reporting period.

Other large investors have also modified their holdings of the company. Stifel Financial Corp grew its stake in SPDR Portfolio Emerging Markets ETF by 6.7% during the 3rd quarter. Stifel Financial Corp now owns 64,565 shares of the company’s stock valued at $2,665,000 after acquiring an additional 4,049 shares in the last quarter. SPC Financial Inc. grew its stake in shares of SPDR Portfolio Emerging Markets ETF by 5.1% in the 2nd quarter. SPC Financial Inc. now owns 79,752 shares of the company’s stock valued at $3,004,000 after buying an additional 3,889 shares during the period. Advisory Resource Group grew its stake in shares of SPDR Portfolio Emerging Markets ETF by 5.4% in the 3rd quarter. Advisory Resource Group now owns 60,213 shares of the company’s stock valued at $2,486,000 after buying an additional 3,068 shares during the period. JPMorgan Chase & Co. grew its stake in shares of SPDR Portfolio Emerging Markets ETF by 3.1% in the 3rd quarter. JPMorgan Chase & Co. now owns 637,654 shares of the company’s stock valued at $26,322,000 after buying an additional 19,370 shares during the period. Finally, Forbes Financial Planning Inc. grew its stake in shares of SPDR Portfolio Emerging Markets ETF by 8.8% in the 3rd quarter. Forbes Financial Planning Inc. now owns 73,136 shares of the company’s stock valued at $3,019,000 after buying an additional 5,937 shares during the period.

SPDR Portfolio Emerging Markets ETF Trading Up 0.6 %

SPEM stock opened at $38.52 on Wednesday. The company has a market capitalization of $9.14 billion, a P/E ratio of 13.05 and a beta of 0.81. SPDR Portfolio Emerging Markets ETF has a twelve month low of $33.94 and a twelve month high of $42.88. The business has a 50 day simple moving average of $38.97 and a 200-day simple moving average of $39.17.

About SPDR Portfolio Emerging Markets ETF

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.