Park Avenue Securities LLC Grows Stock Holdings in SPDR Portfolio Emerging Markets ETF $SPEM

Park Avenue Securities LLC boosted its stake in shares of SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) by 6.0% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 680,408 shares of the company’s stock after purchasing an additional 38,295 shares during the period. Park Avenue Securities LLC’s holdings in SPDR Portfolio Emerging Markets ETF were worth $31,850,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. CWM LLC boosted its stake in shares of SPDR Portfolio Emerging Markets ETF by 3.3% during the 3rd quarter. CWM LLC now owns 2,263,731 shares of the company’s stock worth $105,965,000 after acquiring an additional 73,219 shares during the last quarter. BlueStem Wealth Partners LLC increased its stake in shares of SPDR Portfolio Emerging Markets ETF by 6.7% in the 3rd quarter. BlueStem Wealth Partners LLC now owns 1,049,706 shares of the company’s stock worth $49,137,000 after purchasing an additional 65,492 shares in the last quarter. Farther Finance Advisors LLC raised its holdings in SPDR Portfolio Emerging Markets ETF by 45.5% in the 3rd quarter. Farther Finance Advisors LLC now owns 58,564 shares of the company’s stock worth $2,741,000 after purchasing an additional 18,303 shares during the period. Cerity Partners LLC raised its holdings in SPDR Portfolio Emerging Markets ETF by 0.7% in the 3rd quarter. Cerity Partners LLC now owns 2,688,945 shares of the company’s stock worth $125,869,000 after purchasing an additional 18,041 shares during the period. Finally, Axos Invest Inc. purchased a new position in SPDR Portfolio Emerging Markets ETF during the third quarter valued at $1,471,000.

SPDR Portfolio Emerging Markets ETF Stock Performance

NYSEARCA:SPEM opened at $46.91 on Friday. The stock has a 50-day simple moving average of $49.22 and a two-hundred day simple moving average of $47.67. SPDR Portfolio Emerging Markets ETF has a 52-week low of $34.38 and a 52-week high of $51.35. The firm has a market capitalization of $15.67 billion, a PE ratio of 15.39 and a beta of 0.56.

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.