Wealth Enhancement Advisory Services LLC Has $38.30 Million Position in SPDR Portfolio Emerging Markets ETF $SPEM

Wealth Enhancement Advisory Services LLC lessened its stake in shares of SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) by 2.2% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 792,835 shares of the company’s stock after selling 17,603 shares during the period. Wealth Enhancement Advisory Services LLC’s holdings in SPDR Portfolio Emerging Markets ETF were worth $38,302,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in SPEM. Charles Schwab Investment Management Inc. grew its holdings in shares of SPDR Portfolio Emerging Markets ETF by 6,487.0% during the 2nd quarter. Charles Schwab Investment Management Inc. now owns 10,916,062 shares of the company’s stock worth $466,552,000 after purchasing an additional 10,750,340 shares in the last quarter. Allworth Financial LP raised its stake in SPDR Portfolio Emerging Markets ETF by 38.5% in the third quarter. Allworth Financial LP now owns 9,261,432 shares of the company’s stock valued at $433,528,000 after purchasing an additional 2,572,333 shares in the last quarter. Envestnet Asset Management Inc. raised its stake in SPDR Portfolio Emerging Markets ETF by 7.1% in the third quarter. Envestnet Asset Management Inc. now owns 6,946,967 shares of the company’s stock valued at $325,188,000 after purchasing an additional 462,591 shares in the last quarter. Ameriprise Financial Inc. lifted its position in SPDR Portfolio Emerging Markets ETF by 5.5% during the second quarter. Ameriprise Financial Inc. now owns 5,339,952 shares of the company’s stock worth $228,232,000 after purchasing an additional 279,126 shares during the period. Finally, Northwestern Mutual Wealth Management Co. lifted its position in SPDR Portfolio Emerging Markets ETF by 3.7% during the third quarter. Northwestern Mutual Wealth Management Co. now owns 3,503,688 shares of the company’s stock worth $164,008,000 after purchasing an additional 123,404 shares during the period.

SPDR Portfolio Emerging Markets ETF Stock Up 2.1%

Shares of SPDR Portfolio Emerging Markets ETF stock opened at $46.62 on Tuesday. SPDR Portfolio Emerging Markets ETF has a 12-month low of $34.38 and a 12-month high of $51.35. The company has a market capitalization of $15.57 billion, a price-to-earnings ratio of 15.39 and a beta of 0.56. The firm’s 50-day moving average price is $49.12 and its two-hundred day moving average price is $47.74.

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.