263,455 Shares in SPDR Portfolio Emerging Markets ETF $SPEM Acquired by Brio Consultants LLC

Brio Consultants LLC purchased a new stake in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) in the 4th quarter, Holdings Channel.com reports. The fund purchased 263,455 shares of the company’s stock, valued at approximately $12,332,000. SPDR Portfolio Emerging Markets ETF comprises about 1.6% of Brio Consultants LLC’s portfolio, making the stock its 12th largest holding.

A number of other institutional investors and hedge funds have also made changes to their positions in the company. Allworth Financial LP increased its holdings in shares of SPDR Portfolio Emerging Markets ETF by 38.5% during the 3rd quarter. Allworth Financial LP now owns 9,261,432 shares of the company’s stock worth $433,528,000 after buying an additional 2,572,333 shares during the last quarter. Envestnet Asset Management Inc. boosted its position in SPDR Portfolio Emerging Markets ETF by 7.1% in the 3rd quarter. Envestnet Asset Management Inc. now owns 6,946,967 shares of the company’s stock valued at $325,188,000 after buying an additional 462,591 shares during the last quarter. Ameriprise Financial Inc. boosted its position 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 buying an additional 279,126 shares during the last quarter. Northwestern Mutual Wealth Management Co. lifted its position in shares of SPDR Portfolio Emerging Markets ETF by 3.7% during the third quarter. Northwestern Mutual Wealth Management Co. now owns 3,503,688 shares of the company’s stock worth $164,008,000 after purchasing an additional 123,404 shares during the last quarter. Finally, 3EDGE Asset Management LP lifted its position in shares of SPDR Portfolio Emerging Markets ETF by 1.7% during the third quarter. 3EDGE Asset Management LP now owns 3,235,624 shares of the company’s stock worth $151,402,000 after purchasing an additional 53,100 shares during the last quarter.

SPDR Portfolio Emerging Markets ETF Stock Performance

Shares of SPEM stock opened at $52.62 on Monday. The stock has a market capitalization of $18.04 billion, a price-to-earnings ratio of 15.39 and a beta of 0.60. SPDR Portfolio Emerging Markets ETF has a one year low of $40.31 and a one year high of $53.03. The company’s 50-day simple moving average is $48.80 and its 200-day simple moving average is $48.32.

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.