Envestnet Asset Management Inc. Boosts Stock Position in SPDR Portfolio Emerging Markets ETF $SPEM

Envestnet Asset Management Inc. lifted its holdings in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) by 1.9% in the second quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 6,484,376 shares of the company’s stock after purchasing an additional 122,532 shares during the quarter. Envestnet Asset Management Inc.’s holdings in SPDR Portfolio Emerging Markets ETF were worth $277,142,000 at the end of the most recent quarter.

A number of other institutional investors also recently bought and sold shares of SPEM. Brighton Jones LLC bought a new stake in SPDR Portfolio Emerging Markets ETF in the fourth quarter worth $289,000. Oppenheimer & Co. Inc. lifted its position in SPDR Portfolio Emerging Markets ETF by 22.3% in the first quarter. Oppenheimer & Co. Inc. now owns 15,717 shares of the company’s stock worth $619,000 after buying an additional 2,861 shares during the last quarter. Money Concepts Capital Corp lifted its position in SPDR Portfolio Emerging Markets ETF by 12.2% in the first quarter. Money Concepts Capital Corp now owns 18,245 shares of the company’s stock worth $718,000 after buying an additional 1,983 shares during the last quarter. Tsfg LLC lifted its position in SPDR Portfolio Emerging Markets ETF by 267.4% in the first quarter. Tsfg LLC now owns 992 shares of the company’s stock worth $39,000 after buying an additional 722 shares during the last quarter. Finally, Golden State Wealth Management LLC lifted its position in SPDR Portfolio Emerging Markets ETF by 66.1% in the first quarter. Golden State Wealth Management LLC now owns 7,133 shares of the company’s stock worth $281,000 after buying an additional 2,839 shares during the last quarter.

SPDR Portfolio Emerging Markets ETF Stock Up 0.6%

Shares of SPEM opened at $47.76 on Monday. The company has a market cap of $14.69 billion, a PE ratio of 15.39 and a beta of 0.68. The business has a fifty day moving average of $46.07 and a 200 day moving average of $43.21. SPDR Portfolio Emerging Markets ETF has a 52-week low of $34.38 and a 52-week high of $47.85.

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.