Better Money Decisions LLC Buys 10,852 Shares of SPDR Portfolio Emerging Markets ETF $SPEM

Better Money Decisions LLC lifted its stake in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) by 4.3% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 263,223 shares of the company’s stock after purchasing an additional 10,852 shares during the period. SPDR Portfolio Emerging Markets ETF accounts for 6.8% of Better Money Decisions LLC’s portfolio, making the stock its 4th largest position. Better Money Decisions LLC owned 0.09% of SPDR Portfolio Emerging Markets ETF worth $11,250,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors have also recently bought and sold shares of the company. 3EDGE Asset Management LP boosted its position in SPDR Portfolio Emerging Markets ETF by 309.6% in the 2nd quarter. 3EDGE Asset Management LP now owns 3,182,524 shares of the company’s stock valued at $135,997,000 after buying an additional 2,405,474 shares during the last quarter. Jane Street Group LLC bought a new position in SPDR Portfolio Emerging Markets ETF in the first quarter valued at about $57,992,000. Cassaday & Co Wealth Management LLC increased its position in SPDR Portfolio Emerging Markets ETF by 686.2% in the second quarter. Cassaday & Co Wealth Management LLC now owns 1,141,575 shares of the company’s stock worth $48,791,000 after purchasing an additional 996,366 shares during the period. LPL Financial LLC increased its position in SPDR Portfolio Emerging Markets ETF by 6.1% in the first quarter. LPL Financial LLC now owns 10,706,453 shares of the company’s stock worth $421,513,000 after purchasing an additional 620,049 shares during the period. Finally, Capital Advisors Inc. OK raised its holdings in SPDR Portfolio Emerging Markets ETF by 3,503.2% during the 2nd quarter. Capital Advisors Inc. OK now owns 416,459 shares of the company’s stock worth $17,799,000 after purchasing an additional 404,901 shares during the last quarter.

SPDR Portfolio Emerging Markets ETF Price Performance

Shares of NYSEARCA:SPEM opened at $47.84 on Thursday. The stock has a market cap of $14.77 billion, a price-to-earnings ratio of 15.39 and a beta of 0.56. The company has a 50 day moving average of $46.90 and a 200-day moving average of $44.11. SPDR Portfolio Emerging Markets ETF has a one year low of $34.38 and a one year high of $48.56.

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.