MA Private Wealth Has $25.86 Million Stock Holdings in SPDR Portfolio Emerging Markets ETF $SPEM

MA Private Wealth increased its stake in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) by 598.0% in the 4th quarter, Holdings Channel.com reports. The firm owned 552,484 shares of the company’s stock after buying an additional 473,333 shares during the quarter. SPDR Portfolio Emerging Markets ETF makes up about 4.3% of MA Private Wealth’s portfolio, making the stock its 8th largest position. MA Private Wealth’s holdings in SPDR Portfolio Emerging Markets ETF were worth $25,862,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the stock. Vantagepoint Investment Advisers LLC bought a new position in SPDR Portfolio Emerging Markets ETF in the 3rd quarter worth about $128,313,000. Allworth Financial LP increased its position in shares of SPDR Portfolio Emerging Markets ETF by 38.5% during the third quarter. Allworth Financial LP now owns 9,261,432 shares of the company’s stock valued at $433,528,000 after buying an additional 2,572,333 shares during the period. NorthRock Partners LLC lifted its holdings in shares of SPDR Portfolio Emerging Markets ETF by 38,107.1% in the third quarter. NorthRock Partners LLC now owns 1,106,095 shares of the company’s stock worth $51,776,000 after buying an additional 1,103,200 shares in the last quarter. JPMorgan Chase & Co. lifted its holdings in shares of SPDR Portfolio Emerging Markets ETF by 82.8% in the third quarter. JPMorgan Chase & Co. now owns 1,815,376 shares of the company’s stock worth $84,978,000 after buying an additional 822,327 shares in the last quarter. Finally, Bank of America Corp DE boosted its position in shares of SPDR Portfolio Emerging Markets ETF by 54.2% in the third quarter. Bank of America Corp DE now owns 2,300,860 shares of the company’s stock valued at $107,703,000 after acquiring an additional 809,020 shares during the period.

SPDR Portfolio Emerging Markets ETF Trading Up 1.2%

SPEM stock opened at $51.63 on Wednesday. The firm has a 50 day moving average of $48.72 and a 200-day moving average of $48.25. The firm has a market capitalization of $17.70 billion, a P/E ratio of 15.39 and a beta of 0.60. SPDR Portfolio Emerging Markets ETF has a 12 month low of $40.06 and a 12 month high of $51.75.

SPDR Portfolio Emerging Markets ETF 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.