Cobblestone Asset Management LLC Purchases 20,118 Shares of SPDR Portfolio Emerging Markets ETF $SPEM

Cobblestone Asset Management LLC lifted its position in shares of SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) by 12.3% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 184,173 shares of the company’s stock after buying an additional 20,118 shares during the quarter. SPDR Portfolio Emerging Markets ETF comprises about 3.9% of Cobblestone Asset Management LLC’s holdings, making the stock its 11th largest position. Cobblestone Asset Management LLC owned 0.06% of SPDR Portfolio Emerging Markets ETF worth $8,621,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also bought and sold shares of the company. Brighton Jones LLC acquired a new stake in SPDR Portfolio Emerging Markets ETF during the 4th quarter worth about $289,000. Calton & Associates Inc. grew its stake in SPDR Portfolio Emerging Markets ETF by 9.3% during the first quarter. Calton & Associates Inc. now owns 13,887 shares of the company’s stock worth $547,000 after purchasing an additional 1,187 shares during the period. Focus Partners Advisor Solutions LLC grew its stake in SPDR Portfolio Emerging Markets ETF by 6.7% during the first quarter. Focus Partners Advisor Solutions LLC now owns 67,678 shares of the company’s stock worth $2,664,000 after purchasing an additional 4,263 shares during the period. AQR Capital Management LLC increased its holdings in SPDR Portfolio Emerging Markets ETF by 80.2% in the first quarter. AQR Capital Management LLC now owns 31,388 shares of the company’s stock worth $1,236,000 after purchasing an additional 13,972 shares in the last quarter. Finally, NewEdge Advisors LLC lifted its stake in SPDR Portfolio Emerging Markets ETF by 2.4% in the first quarter. NewEdge Advisors LLC now owns 730,558 shares of the company’s stock valued at $28,762,000 after buying an additional 17,318 shares during the period.

SPDR Portfolio Emerging Markets ETF Stock Down 0.6%

Shares of SPEM stock opened at $46.67 on Tuesday. The company has a market cap of $14.41 billion, a price-to-earnings ratio of 15.39 and a beta of 0.56. SPDR Portfolio Emerging Markets ETF has a 52 week low of $34.38 and a 52 week high of $48.56. The firm has a 50 day moving average of $47.09 and a 200-day moving average of $45.43.

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.