WealthPLAN Partners LLC purchased a new stake in shares of SPDR S&P Emerging Markets (NYSEARCA:SPEM) in the first quarter, HoldingsChannel reports. The institutional investor purchased 125,863 shares of the company’s stock, valued at approximately $4,946,000. SPDR S&P Emerging Markets comprises 1.1% of WealthPLAN Partners LLC’s holdings, making the stock its 17th biggest holding.

Other hedge funds have also recently added to or reduced their stakes in the company. Global Financial Private Capital LLC acquired a new stake in shares of SPDR S&P Emerging Markets in the first quarter valued at approximately $52,211,000. Wells Fargo & Company MN bought a new stake in shares of SPDR S&P Emerging Markets during the 1st quarter worth approximately $46,504,000. Hanson McClain Inc. bought a new stake in shares of SPDR S&P Emerging Markets during the 1st quarter worth approximately $31,980,000. VCU Investment Management Co bought a new stake in shares of SPDR S&P Emerging Markets during the 1st quarter worth approximately $26,034,000. Finally, Ladenburg Thalmann Financial Services Inc. bought a new stake in shares of SPDR S&P Emerging Markets during the 1st quarter worth approximately $14,211,000.

SPDR S&P Emerging Markets traded up $0.11, reaching $37.33, during trading on Thursday, MarketBeat Ratings reports. 358 shares of the company were exchanged, compared to its average volume of 439,253. SPDR S&P Emerging Markets has a twelve month low of $32.81 and a twelve month high of $42.47.

SPDR S&P Emerging Markets Profile

SPDR S&P Emerging Markets ETF (the Fund) seeks to replicate as closely as possible the total return performance of the S&P/Citigroup BMI Emerging Markets Index (the Index). The Index is a market capitalization-weighted index that defines and measures the investable universe of publicly traded companies domiciled in emerging markets.

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Institutional Ownership by Quarter for SPDR S&P Emerging Markets (NYSEARCA:SPEM)

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