Impact Partnership Wealth LLC Grows Stock Holdings in SPDR Portfolio Emerging Markets ETF $SPEM

Impact Partnership Wealth LLC raised its position in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) by 7.7% during the 4th quarter, Holdings Channel.com reports. The institutional investor owned 491,441 shares of the company’s stock after buying an additional 35,337 shares during the quarter. SPDR Portfolio Emerging Markets ETF comprises about 3.0% of Impact Partnership Wealth LLC’s portfolio, making the stock its 9th largest holding. Impact Partnership Wealth LLC’s holdings in SPDR Portfolio Emerging Markets ETF were worth $23,004,000 at the end of the most recent quarter.

Several other hedge funds have also recently bought and sold shares of SPEM. Brighton Jones LLC bought a new position in SPDR Portfolio Emerging Markets ETF in the 4th quarter valued at about $289,000. AQR Capital Management LLC increased its holdings in SPDR Portfolio Emerging Markets ETF by 80.2% in the 1st quarter. AQR Capital Management LLC now owns 31,388 shares of the company’s stock valued at $1,236,000 after buying an additional 13,972 shares during the period. Goldman Sachs Group Inc. increased its holdings in SPDR Portfolio Emerging Markets ETF by 6.6% in the 1st quarter. Goldman Sachs Group Inc. now owns 104,799 shares of the company’s stock valued at $4,126,000 after buying an additional 6,463 shares during the period. First Trust Advisors LP increased its holdings in SPDR Portfolio Emerging Markets ETF by 2.8% in the 2nd quarter. First Trust Advisors LP now owns 9,682 shares of the company’s stock valued at $414,000 after buying an additional 263 shares during the period. Finally, Marshall Wace LLP bought a new position in SPDR Portfolio Emerging Markets ETF in the 2nd quarter valued at about $768,000.

SPDR Portfolio Emerging Markets ETF Stock Down 0.2%

SPEM stock opened at $52.33 on Friday. SPDR Portfolio Emerging Markets ETF has a 12 month low of $40.67 and a 12 month high of $53.03. The firm has a market cap of $17.94 billion, a P/E ratio of 15.39 and a beta of 0.60. The company’s 50-day moving average price is $49.86 and its two-hundred day moving average price is $48.78.

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.