SPDR Portfolio Emerging Markets ETF $SPEM is Axos Invest Inc.’s 8th Largest Position

Axos Invest Inc. increased its position in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) by 122.0% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 69,744 shares of the company’s stock after purchasing an additional 38,328 shares during the quarter. SPDR Portfolio Emerging Markets ETF accounts for 2.4% of Axos Invest Inc.’s portfolio, making the stock its 8th largest position. Axos Invest Inc.’s holdings in SPDR Portfolio Emerging Markets ETF were worth $3,265,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also made changes to their positions in SPEM. Brighton Jones LLC purchased a new position in shares of SPDR Portfolio Emerging Markets ETF in the fourth quarter valued at $289,000. AQR Capital Management LLC boosted its stake in shares of 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 valued at $1,236,000 after purchasing an additional 13,972 shares during the period. Goldman Sachs Group Inc. boosted its stake in shares of SPDR Portfolio Emerging Markets ETF by 6.6% in the first quarter. Goldman Sachs Group Inc. now owns 104,799 shares of the company’s stock valued at $4,126,000 after purchasing an additional 6,463 shares during the period. First Trust Advisors LP boosted its stake in shares of SPDR Portfolio Emerging Markets ETF by 2.8% in the second quarter. First Trust Advisors LP now owns 9,682 shares of the company’s stock valued at $414,000 after purchasing an additional 263 shares during the period. Finally, Marshall Wace LLP purchased a new position in shares of SPDR Portfolio Emerging Markets ETF in the second quarter valued at $768,000.

SPDR Portfolio Emerging Markets ETF Trading Up 0.8%

SPEM stock opened at $49.69 on Tuesday. SPDR Portfolio Emerging Markets ETF has a twelve month low of $37.26 and a twelve month high of $51.35. The company has a market capitalization of $17.03 billion, a P/E ratio of 15.39 and a beta of 0.57. The firm has a 50 day simple moving average of $48.52 and a 200-day simple moving average of $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.