Heritage Family Offices LLP Has $17.54 Million Stock Holdings in SPDR Portfolio Emerging Markets ETF $SPEM

Heritage Family Offices LLP trimmed its stake in shares of SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) by 7.4% during the third quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 374,603 shares of the company’s stock after selling 29,993 shares during the quarter. SPDR Portfolio Emerging Markets ETF accounts for about 8.2% of Heritage Family Offices LLP’s holdings, making the stock its largest position. Heritage Family Offices LLP owned about 0.12% of SPDR Portfolio Emerging Markets ETF worth $17,535,000 as of its most recent filing with the SEC.

A number of other hedge funds have also added to or reduced their stakes in the stock. Charles Schwab Investment Management Inc. boosted its position in shares of SPDR Portfolio Emerging Markets ETF by 6,487.0% in the second quarter. Charles Schwab Investment Management Inc. now owns 10,916,062 shares of the company’s stock valued at $466,552,000 after acquiring an additional 10,750,340 shares during the period. 3EDGE Asset Management LP boosted its holdings in SPDR Portfolio Emerging Markets ETF by 309.6% in the 2nd quarter. 3EDGE Asset Management LP now owns 3,182,524 shares of the company’s stock valued at $135,997,000 after purchasing an additional 2,405,474 shares during the period. Jane Street Group LLC bought a new position in shares of SPDR Portfolio Emerging Markets ETF in the first quarter worth $57,992,000. Betterment LLC raised its position in shares of SPDR Portfolio Emerging Markets ETF by 124.5% in the second quarter. Betterment LLC now owns 1,824,389 shares of the company’s stock worth $77,974,000 after buying an additional 1,011,871 shares in the last quarter. Finally, Cassaday & Co Wealth Management LLC boosted its stake in SPDR Portfolio Emerging Markets ETF by 686.2% during the second quarter. Cassaday & Co Wealth Management LLC now owns 1,141,575 shares of the company’s stock valued at $48,791,000 after buying an additional 996,366 shares during the period.

SPDR Portfolio Emerging Markets ETF Stock Down 0.7%

Shares of NYSEARCA SPEM opened at $46.15 on Thursday. The stock’s 50-day simple moving average is $47.10 and its two-hundred day simple moving average is $45.14. SPDR Portfolio Emerging Markets ETF has a twelve month low of $34.38 and a twelve month high of $48.56. The firm has a market capitalization of $14.25 billion, a P/E ratio of 15.39 and a beta of 0.56.

SPDR Portfolio Emerging Markets ETF 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.