316,839 Shares of SPDR Portfolio Emerging Markets ETF $SPEM Bought by West Wealth Group LLC

West Wealth Group LLC acquired a new stake in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The firm acquired 316,839 shares of the company’s stock, valued at approximately $16,400,000. SPDR Portfolio Emerging Markets ETF makes up approximately 1.7% of West Wealth Group LLC’s portfolio, making the stock its 17th biggest holding. West Wealth Group LLC owned about 0.09% of SPDR Portfolio Emerging Markets ETF as of its most recent filing with the SEC.

A number of other institutional investors also recently modified their holdings of the stock. State Street Corp grew its stake in shares of SPDR Portfolio Emerging Markets ETF by 6.7% during the second quarter. State Street Corp now owns 5,231,398 shares of the company’s stock valued at $270,882,000 after purchasing an additional 329,626 shares during the last quarter. Envestnet Portfolio Solutions Inc. increased its holdings in shares of SPDR Portfolio Emerging Markets ETF by 12.6% in the second quarter. Envestnet Portfolio Solutions Inc. now owns 2,123,055 shares of the company’s stock valued at $109,932,000 after purchasing an additional 237,526 shares in the last quarter. Corient Private Wealth LLC raised its position in SPDR Portfolio Emerging Markets ETF by 16.5% in the 4th quarter. Corient Private Wealth LLC now owns 1,319,880 shares of the company’s stock worth $61,784,000 after purchasing an additional 187,095 shares during the last quarter. Royal Bank of Canada raised its position in SPDR Portfolio Emerging Markets ETF by 8.1% in the 1st quarter. Royal Bank of Canada now owns 1,155,291 shares of the company’s stock worth $54,194,000 after purchasing an additional 86,967 shares during the last quarter. Finally, Private Advisor Group LLC raised its position in SPDR Portfolio Emerging Markets ETF by 8.1% in the 1st quarter. Private Advisor Group LLC now owns 1,119,846 shares of the company’s stock worth $52,532,000 after purchasing an additional 83,733 shares during the last quarter.

SPDR Portfolio Emerging Markets ETF Stock Performance

NYSEARCA:SPEM opened at $51.46 on Thursday. The stock’s fifty day moving average price is $52.37 and its two-hundred day moving average price is $51.42. SPDR Portfolio Emerging Markets ETF has a 52-week low of $45.28 and a 52-week high of $53.54. The company has a market cap of $17.29 billion, a price-to-earnings ratio of 15.39 and a beta of 0.61.

SPDR Portfolio Emerging Markets ETF 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.