Foundation Wealth Management LLC PA Has $520,000 Stock Holdings in SPDR Portfolio Emerging Markets ETF $SPEM

Foundation Wealth Management LLC PA cut its holdings in shares of SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) by 9.3% in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 12,166 shares of the company’s stock after selling 1,254 shares during the period. Foundation Wealth Management LLC PA’s holdings in SPDR Portfolio Emerging Markets ETF were worth $520,000 at the end of the most recent reporting period.

Several other large investors have also added to or reduced their stakes in the business. Creative Planning lifted its holdings in shares of SPDR Portfolio Emerging Markets ETF by 0.9% in the second quarter. Creative Planning now owns 22,882,892 shares of the company’s stock valued at $978,015,000 after purchasing an additional 208,911 shares in the last quarter. LPL Financial LLC raised its position 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 valued at $421,513,000 after buying an additional 620,049 shares during the last quarter. Allworth Financial LP boosted its holdings in SPDR Portfolio Emerging Markets ETF by 1.9% during the 2nd quarter. Allworth Financial LP now owns 6,689,099 shares of the company’s stock worth $285,892,000 after acquiring an additional 121,550 shares during the last quarter. Envestnet Asset Management Inc. boosted its holdings in SPDR Portfolio Emerging Markets ETF by 1.9% during the 2nd quarter. Envestnet Asset Management Inc. now owns 6,484,376 shares of the company’s stock worth $277,142,000 after acquiring an additional 122,532 shares during the last quarter. Finally, TIAA Trust National Association grew its stake in shares of SPDR Portfolio Emerging Markets ETF by 4.3% in the 1st quarter. TIAA Trust National Association now owns 6,065,716 shares of the company’s stock worth $238,807,000 after acquiring an additional 252,016 shares in the last quarter.

SPDR Portfolio Emerging Markets ETF Stock Performance

SPDR Portfolio Emerging Markets ETF stock opened at $47.45 on Friday. SPDR Portfolio Emerging Markets ETF has a fifty-two week low of $34.38 and a fifty-two week high of $48.56. The firm’s 50-day simple moving average is $47.02 and its 200 day simple moving average is $44.22. The stock has a market cap of $14.65 billion, a PE ratio of 15.39 and a beta of 0.56.

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.