SPDR Portfolio Emerging Markets ETF $SPEM Position Raised by Cypress Wealth Services LLC

Cypress Wealth Services LLC grew its position in shares of SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) by 36.5% in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 218,620 shares of the company’s stock after acquiring an additional 58,514 shares during the quarter. SPDR Portfolio Emerging Markets ETF comprises about 1.4% of Cypress Wealth Services LLC’s investment portfolio, making the stock its 14th largest holding. Cypress Wealth Services LLC owned about 0.07% of SPDR Portfolio Emerging Markets ETF worth $10,234,000 at the end of the most recent reporting period.

Several other institutional investors have also modified their holdings of SPEM. Brighton Jones LLC acquired a new position in SPDR Portfolio Emerging Markets ETF during the 4th quarter valued at about $289,000. AQR Capital Management LLC increased 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. raised its holdings in shares of SPDR Portfolio Emerging Markets ETF by 6.6% during the first quarter. Goldman Sachs Group Inc. now owns 104,799 shares of the company’s stock valued at $4,126,000 after buying an additional 6,463 shares during the last quarter. JPMorgan Chase & Co. raised its holdings in shares of SPDR Portfolio Emerging Markets ETF by 32.5% during the second quarter. JPMorgan Chase & Co. now owns 993,049 shares of the company’s stock valued at $42,443,000 after buying an additional 243,577 shares during the last quarter. Finally, Steward Partners Investment Advisory LLC boosted its position in shares of SPDR Portfolio Emerging Markets ETF by 8.7% during the second quarter. Steward Partners Investment Advisory LLC now owns 30,178 shares of the company’s stock worth $1,290,000 after buying an additional 2,409 shares during the period.

SPDR Portfolio Emerging Markets ETF Price Performance

Shares of SPEM stock opened at $45.57 on Friday. SPDR Portfolio Emerging Markets ETF has a 12-month low of $34.38 and a 12-month high of $51.35. The firm has a market capitalization of $15.22 billion, a price-to-earnings ratio of 15.39 and a beta of 0.56. The business has a 50 day simple moving average of $48.92 and a 200 day simple moving average of $47.75.

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.