Creative Planning Boosts Stake in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM)

Creative Planning grew its stake in shares of SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEMFree Report) by 2.0% in the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 25,451,348 shares of the company’s stock after acquiring an additional 504,808 shares during the quarter. SPDR Portfolio Emerging Markets ETF accounts for 1.3% of Creative Planning’s portfolio, making the stock its 21st largest position. Creative Planning owned about 0.12% of SPDR Portfolio Emerging Markets ETF worth $901,232,000 at the end of the most recent reporting period.

A number of other institutional investors also recently made changes to their positions in the stock. Avantax Advisory Services Inc. grew its stake in SPDR Portfolio Emerging Markets ETF by 3.7% in the 3rd quarter. Avantax Advisory Services Inc. now owns 14,407 shares of the company’s stock worth $484,000 after acquiring an additional 512 shares during the period. Charles Schwab Investment Management Inc. acquired a new stake in SPDR Portfolio Emerging Markets ETF in the 3rd quarter worth about $18,593,000. Blair William & Co. IL grew its holdings in SPDR Portfolio Emerging Markets ETF by 7.0% in the 3rd quarter. Blair William & Co. IL now owns 28,649 shares of the company’s stock valued at $962,000 after buying an additional 1,869 shares during the period. Citigroup Inc. lifted its holdings in shares of SPDR Portfolio Emerging Markets ETF by 2.4% during the 3rd quarter. Citigroup Inc. now owns 19,027 shares of the company’s stock worth $639,000 after acquiring an additional 445 shares during the period. Finally, WealthPlan Investment Management LLC purchased a new stake in SPDR Portfolio Emerging Markets ETF in the third quarter valued at approximately $256,000.

SPDR Portfolio Emerging Markets ETF Price Performance

NYSEARCA:SPEM traded down $0.09 during trading hours on Tuesday, reaching $37.53. 941,758 shares of the company were exchanged, compared to its average volume of 1,697,969. The firm has a market cap of $8.91 billion, a price-to-earnings ratio of 13.05 and a beta of 0.81. The stock has a 50 day simple moving average of $37.12 and a 200 day simple moving average of $35.82. SPDR Portfolio Emerging Markets ETF has a 52-week low of $32.06 and a 52-week high of $38.84.

SPDR Portfolio Emerging Markets ETF Company Profile

(Free Report)

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.

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Institutional Ownership by Quarter for SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM)

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