Fmr LLC Acquires 8,494 Shares of SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM)

Fmr LLC lifted its position in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) by 30.5% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 36,369 shares of the company’s stock after acquiring an additional 8,494 shares during the quarter. Fmr LLC’s holdings in SPDR Portfolio Emerging Markets ETF were worth $1,501,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently made changes to their positions in SPEM. Koss Olinger Consulting LLC bought a new position in SPDR Portfolio Emerging Markets ETF in the second quarter worth about $30,376,000. Raymond James Financial Services Advisors Inc. lifted its holdings in SPDR Portfolio Emerging Markets ETF by 83.8% in the second quarter. Raymond James Financial Services Advisors Inc. now owns 1,579,201 shares of the company’s stock valued at $59,488,000 after acquiring an additional 719,833 shares during the period. LPL Financial LLC lifted its holdings in SPDR Portfolio Emerging Markets ETF by 5.2% in the third quarter. LPL Financial LLC now owns 9,644,278 shares of the company’s stock valued at $398,116,000 after acquiring an additional 476,292 shares during the period. Heritage Family Offices LLP acquired a new position in SPDR Portfolio Emerging Markets ETF in the second quarter valued at approximately $16,671,000. Finally, Pineridge Advisors LLC acquired a new position in SPDR Portfolio Emerging Markets ETF in the second quarter valued at approximately $15,868,000.

SPDR Portfolio Emerging Markets ETF Price Performance

Shares of SPEM stock opened at $40.18 on Monday. The company has a market cap of $9.54 billion, a price-to-earnings ratio of 13.05 and a beta of 0.81. The stock has a 50 day simple moving average of $40.31 and a 200-day simple moving average of $39.04. SPDR Portfolio Emerging Markets ETF has a 1-year low of $33.52 and a 1-year high of $42.88.

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.