82,197 Shares in SPDR Portfolio Emerging Markets ETF $SPEM Bought by Tenet Wealth Partners LLC

Tenet Wealth Partners LLC acquired a new stake in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) during the second quarter, according to its most recent filing with the SEC. The firm acquired 82,197 shares of the company’s stock, valued at approximately $4,155,000. SPDR Portfolio Emerging Markets ETF comprises about 3.1% of Tenet Wealth Partners LLC’s holdings, making the stock its 5th largest position.

Several other institutional investors also recently bought and sold shares of SPEM. Charles Schwab Investment Management Inc. increased its stake in shares of SPDR Portfolio Emerging Markets ETF by 20.1% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 15,874,429 shares of the company’s stock worth $743,082,000 after acquiring an additional 2,653,013 shares during the period. LPL Financial LLC lifted its position in SPDR Portfolio Emerging Markets ETF by 12.7% in the fourth quarter. LPL Financial LLC now owns 15,587,049 shares of the company’s stock valued at $729,630,000 after purchasing an additional 1,758,866 shares during the period. Allworth Financial LP lifted its position in SPDR Portfolio Emerging Markets ETF by 1.0% in the fourth quarter. Allworth Financial LP now owns 9,355,461 shares of the company’s stock valued at $437,929,000 after purchasing an additional 94,029 shares during the period. Morgan Stanley boosted its holdings in SPDR Portfolio Emerging Markets ETF by 9.8% in the 4th quarter. Morgan Stanley now owns 6,997,855 shares of the company’s stock valued at $327,570,000 after purchasing an additional 622,595 shares in the last quarter. Finally, Ameriprise Financial Inc. boosted its holdings in SPDR Portfolio Emerging Markets ETF by 5.5% in the 2nd quarter. Ameriprise Financial Inc. now owns 5,339,952 shares of the company’s stock valued at $228,232,000 after purchasing an additional 279,126 shares in the last quarter.

SPDR Portfolio Emerging Markets ETF Trading Up 0.8%

NYSEARCA SPEM opened at $53.41 on Friday. The stock has a market capitalization of $18.08 billion, a price-to-earnings ratio of 15.39 and a beta of 0.61. The business’s 50 day moving average is $51.66 and its two-hundred day moving average is $50.66. SPDR Portfolio Emerging Markets ETF has a 12-month low of $44.62 and a 12-month 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.