SPDR Portfolio Emerging Markets ETF $SPEM is Allworth Financial LP’s 9th Largest Position

Allworth Financial LP grew its position in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) by 38.5% in the third quarter, according to the company in its most recent disclosure with the SEC. The firm owned 9,261,432 shares of the company’s stock after acquiring an additional 2,572,333 shares during the period. SPDR Portfolio Emerging Markets ETF comprises approximately 1.9% of Allworth Financial LP’s investment portfolio, making the stock its 9th biggest position. Allworth Financial LP owned approximately 3.00% of SPDR Portfolio Emerging Markets ETF worth $433,528,000 at the end of the most recent quarter.

Other hedge funds have also modified their holdings of the company. Hantz Financial Services Inc. increased its position in shares of SPDR Portfolio Emerging Markets ETF by 2,031.0% in the third quarter. Hantz Financial Services Inc. now owns 618 shares of the company’s stock valued at $27,000 after buying an additional 589 shares in the last quarter. First Horizon Corp purchased a new stake in SPDR Portfolio Emerging Markets ETF in the 3rd quarter worth $29,000. Front Row Advisors LLC increased its holdings in SPDR Portfolio Emerging Markets ETF by 147.9% in the 3rd quarter. Front Row Advisors LLC now owns 771 shares of the company’s stock worth $36,000 after acquiring an additional 460 shares in the last quarter. Stone House Investment Management LLC acquired a new position in SPDR Portfolio Emerging Markets ETF during the third quarter worth $40,000. Finally, Blue Trust Inc. raised its position in SPDR Portfolio Emerging Markets ETF by 539.1% during the third quarter. Blue Trust Inc. now owns 1,227 shares of the company’s stock worth $57,000 after acquiring an additional 1,035 shares during the period.

SPDR Portfolio Emerging Markets ETF Stock Down 2.0%

SPEM opened at $47.00 on Thursday. The firm’s fifty day simple moving average is $49.25 and its two-hundred day simple moving average is $47.68. SPDR Portfolio Emerging Markets ETF has a 52-week low of $34.38 and a 52-week high of $51.35. The company has a market cap of $15.70 billion, a price-to-earnings ratio of 15.39 and a beta of 0.56.

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.