SPDR Portfolio Emerging Markets ETF $SPEM Shares Acquired by Belpointe Asset Management LLC

Belpointe Asset Management LLC lifted its stake in shares of SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) by 67.3% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 87,006 shares of the company’s stock after purchasing an additional 34,989 shares during the quarter. Belpointe Asset Management LLC’s holdings in SPDR Portfolio Emerging Markets ETF were worth $4,073,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also made changes to their positions in the stock. Vantagepoint Investment Advisers LLC purchased a new stake in shares of SPDR Portfolio Emerging Markets ETF in the 3rd quarter worth about $128,313,000. Allworth Financial LP boosted its position in shares of SPDR Portfolio Emerging Markets ETF by 38.5% in the 3rd quarter. Allworth Financial LP now owns 9,261,432 shares of the company’s stock worth $433,528,000 after buying an additional 2,572,333 shares in the last quarter. NorthRock Partners LLC boosted its position in shares of SPDR Portfolio Emerging Markets ETF by 38,107.1% in the 3rd quarter. NorthRock Partners LLC now owns 1,106,095 shares of the company’s stock worth $51,776,000 after buying an additional 1,103,200 shares in the last quarter. JPMorgan Chase & Co. boosted its position in shares of SPDR Portfolio Emerging Markets ETF by 82.8% in the 3rd quarter. JPMorgan Chase & Co. now owns 1,815,376 shares of the company’s stock worth $84,978,000 after buying an additional 822,327 shares in the last quarter. Finally, Bank of America Corp DE boosted its position in shares of SPDR Portfolio Emerging Markets ETF by 54.2% in the 3rd quarter. Bank of America Corp DE now owns 2,300,860 shares of the company’s stock worth $107,703,000 after buying an additional 809,020 shares in the last quarter.

SPDR Portfolio Emerging Markets ETF Price Performance

SPDR Portfolio Emerging Markets ETF stock opened at $51.36 on Monday. SPDR Portfolio Emerging Markets ETF has a 52 week low of $37.46 and a 52 week high of $51.75. The firm’s 50-day simple moving average is $48.63 and its 200 day simple moving average is $47.97. The firm has a market capitalization of $17.61 billion, a PE ratio of 15.39 and a beta of 0.57.

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.