Raymond James & Associates Purchases 32,834 Shares of SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM)

Raymond James & Associates raised its position in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM – Get Rating) by 23.3% in the fourth quarter, according to its most recent disclosure with the SEC. The firm owned 173,462 shares of the company’s stock after acquiring an additional 32,834 shares during the period. Raymond James & Associates owned approximately 0.09% of SPDR Portfolio Emerging Markets ETF worth $5,717,000 as of its most recent filing with the SEC.

A number of other institutional investors also recently modified their holdings of SPEM. UBS Group AG boosted its holdings in SPDR Portfolio Emerging Markets ETF by 8.2% in the 4th quarter. UBS Group AG now owns 1,687,543 shares of the company’s stock valued at $55,621,000 after purchasing an additional 128,225 shares during the period. Capital Analysts LLC raised its holdings in SPDR Portfolio Emerging Markets ETF by 1,847.2% during the 4th quarter. Capital Analysts LLC now owns 994,764 shares of the company’s stock valued at $32,787,000 after buying an additional 943,676 shares during the last quarter. Alliance Wealth Advisors LLC UT bought a new stake in SPDR Portfolio Emerging Markets ETF in the 4th quarter worth $1,380,000. Orion Portfolio Solutions LLC increased its position in shares of SPDR Portfolio Emerging Markets ETF by 7.0% in the fourth quarter. Orion Portfolio Solutions LLC now owns 148,778 shares of the company’s stock valued at $4,904,000 after acquiring an additional 9,713 shares during the period. Finally, Retirement Income Solutions Inc raised its stake in shares of SPDR Portfolio Emerging Markets ETF by 25.4% during the fourth quarter. Retirement Income Solutions Inc now owns 23,477 shares of the company’s stock valued at $774,000 after acquiring an additional 4,758 shares during the last quarter.

SPDR Portfolio Emerging Markets ETF Price Performance

SPEM opened at $33.88 on Monday. SPDR Portfolio Emerging Markets ETF has a one year low of $29.80 and a one year high of $37.09. The business has a 50 day simple moving average of $33.86 and a two-hundred day simple moving average of $33.94. The firm has a market capitalization of $6.86 billion, a price-to-earnings ratio of 10.59 and a beta of 0.68.

SPDR Portfolio Emerging Markets ETF Profile

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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.