Assetmark Inc. Has $68.54 Million Stake in SPDR Portfolio Emerging Markets ETF $SPEM

Assetmark Inc. trimmed its position in shares of SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) by 2.4% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 1,464,105 shares of the company’s stock after selling 35,841 shares during the period. Assetmark Inc. owned 0.44% of SPDR Portfolio Emerging Markets ETF worth $68,535,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also added to or reduced their stakes in the company. Ritholtz Wealth Management increased its holdings in SPDR Portfolio Emerging Markets ETF by 1.1% during the third quarter. Ritholtz Wealth Management now owns 19,379 shares of the company’s stock worth $907,000 after buying an additional 210 shares during the last quarter. Kraft Davis & Associates LLC increased its holdings in SPDR Portfolio Emerging Markets ETF by 4.5% during the fourth quarter. Kraft Davis & Associates LLC now owns 4,934 shares of the company’s stock worth $240,000 after buying an additional 213 shares during the last quarter. Captrust Financial Advisors increased its holdings in SPDR Portfolio Emerging Markets ETF by 0.7% during the third quarter. Captrust Financial Advisors now owns 32,698 shares of the company’s stock worth $1,531,000 after buying an additional 222 shares during the last quarter. Cadent Capital Advisors LLC increased its holdings in SPDR Portfolio Emerging Markets ETF by 0.6% during the fourth quarter. Cadent Capital Advisors LLC now owns 43,377 shares of the company’s stock worth $2,030,000 after buying an additional 240 shares during the last quarter. Finally, Echo Wealth Management LLC increased its holdings in SPDR Portfolio Emerging Markets ETF by 0.4% during the third quarter. Echo Wealth Management LLC now owns 61,832 shares of the company’s stock worth $2,894,000 after buying an additional 242 shares during the last quarter.

SPDR Portfolio Emerging Markets ETF Trading Up 0.8%

Shares of SPEM opened at $49.69 on Tuesday. The company has a market cap of $17.03 billion, a price-to-earnings ratio of 15.39 and a beta of 0.57. SPDR Portfolio Emerging Markets ETF has a 1-year low of $37.26 and a 1-year high of $51.35. The company’s fifty day simple moving average is $48.52 and its 200 day simple moving average is $47.85.

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.