SPDR Portfolio Emerging Markets ETF $SPEM Shares Sold by Wrapmanager Inc.

Wrapmanager Inc. decreased its holdings in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) by 9.4% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 264,944 shares of the company’s stock after selling 27,393 shares during the quarter. SPDR Portfolio Emerging Markets ETF accounts for about 4.2% of Wrapmanager Inc.’s portfolio, making the stock its 4th largest holding. Wrapmanager Inc. owned approximately 0.08% of SPDR Portfolio Emerging Markets ETF worth $12,402,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also bought and sold shares of SPEM. Vantagepoint Investment Advisers LLC acquired a new stake in SPDR Portfolio Emerging Markets ETF in the 3rd quarter worth about $128,313,000. Allworth Financial LP raised its holdings in SPDR Portfolio Emerging Markets ETF by 38.5% in the 3rd quarter. Allworth Financial LP now owns 9,261,432 shares of the company’s stock valued at $433,528,000 after acquiring an additional 2,572,333 shares in the last quarter. NorthRock Partners LLC raised its holdings in SPDR Portfolio Emerging Markets ETF by 38,107.1% in the 3rd quarter. NorthRock Partners LLC now owns 1,106,095 shares of the company’s stock valued at $51,776,000 after acquiring an additional 1,103,200 shares in the last quarter. HighTower Advisors LLC raised its holdings in SPDR Portfolio Emerging Markets ETF by 51.5% in the 4th quarter. HighTower Advisors LLC now owns 2,626,206 shares of the company’s stock valued at $122,933,000 after acquiring an additional 893,023 shares in the last quarter. Finally, JPMorgan Chase & Co. lifted its position in shares of SPDR Portfolio Emerging Markets ETF by 82.8% during the 3rd quarter. JPMorgan Chase & Co. now owns 1,815,376 shares of the company’s stock valued at $84,978,000 after acquiring an additional 822,327 shares during the period.

SPDR Portfolio Emerging Markets ETF Stock Performance

NYSEARCA:SPEM opened at $51.09 on Friday. The stock has a fifty day moving average price of $49.31 and a 200-day moving average price of $48.59. The company has a market cap of $17.51 billion, a price-to-earnings ratio of 15.39 and a beta of 0.60. SPDR Portfolio Emerging Markets ETF has a fifty-two week low of $40.67 and a fifty-two week high of $53.03.

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.