Allworth Financial LP Raises Stake in SPDR Portfolio Emerging Markets ETF $SPEM

Allworth Financial LP raised its holdings in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) by 1.9% during the second quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 6,689,099 shares of the company’s stock after purchasing an additional 121,550 shares during the quarter. SPDR Portfolio Emerging Markets ETF comprises approximately 1.4% of Allworth Financial LP’s portfolio, making the stock its 11th largest holding. Allworth Financial LP owned about 2.30% of SPDR Portfolio Emerging Markets ETF worth $285,892,000 as of its most recent SEC filing.

Several other hedge funds have also made changes to their positions in SPEM. Brighton Jones LLC purchased a new stake in SPDR Portfolio Emerging Markets ETF during the 4th quarter valued at approximately $289,000. 3EDGE Asset Management LP raised its stake in shares of SPDR Portfolio Emerging Markets ETF by 2,500.7% during the first quarter. 3EDGE Asset Management LP now owns 777,050 shares of the company’s stock worth $30,598,000 after purchasing an additional 747,171 shares during the last quarter. Alaska Wealth Advisors raised its stake in shares of SPDR Portfolio Emerging Markets ETF by 192.4% during the first quarter. Alaska Wealth Advisors now owns 22,642 shares of the company’s stock worth $891,000 after purchasing an additional 14,899 shares during the last quarter. Hughes Financial Services LLC lifted its holdings in shares of SPDR Portfolio Emerging Markets ETF by 6.1% during the first quarter. Hughes Financial Services LLC now owns 21,631 shares of the company’s stock worth $855,000 after purchasing an additional 1,244 shares during the period. Finally, CWM LLC grew its position in SPDR Portfolio Emerging Markets ETF by 8.6% in the 1st quarter. CWM LLC now owns 1,955,877 shares of the company’s stock valued at $77,003,000 after buying an additional 154,353 shares during the last quarter.

SPDR Portfolio Emerging Markets ETF Stock Performance

Shares of SPEM opened at $47.23 on Monday. The stock has a market capitalization of $14.58 billion, a P/E ratio of 15.39 and a beta of 0.56. SPDR Portfolio Emerging Markets ETF has a 1 year low of $34.38 and a 1 year high of $48.56. The company’s fifty day moving average is $46.69 and its two-hundred day moving average is $43.96.

SPDR Portfolio Emerging Markets ETF Company 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.