Flagship Harbor Advisors LLC Boosts Stock Position in SPDR Portfolio Emerging Markets ETF $SPEM

Flagship Harbor Advisors LLC lifted its position in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) by 13.5% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 303,211 shares of the company’s stock after buying an additional 36,087 shares during the quarter. Flagship Harbor Advisors LLC owned approximately 0.09% of SPDR Portfolio Emerging Markets ETF worth $14,193,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently modified their holdings of SPEM. Vantagepoint Investment Advisers LLC purchased a new stake in shares of SPDR Portfolio Emerging Markets ETF in the 3rd quarter valued at $128,313,000. Allworth Financial LP grew its stake in SPDR Portfolio Emerging Markets ETF by 38.5% during the 3rd quarter. Allworth Financial LP now owns 9,261,432 shares of the company’s stock worth $433,528,000 after purchasing an additional 2,572,333 shares in the last quarter. NorthRock Partners LLC grew its stake in SPDR Portfolio Emerging Markets ETF by 38,107.1% during the 3rd quarter. NorthRock Partners LLC now owns 1,106,095 shares of the company’s stock worth $51,776,000 after purchasing an additional 1,103,200 shares in the last quarter. Betterment LLC grew its stake in SPDR Portfolio Emerging Markets ETF by 124.5% during the 2nd quarter. Betterment LLC now owns 1,824,389 shares of the company’s stock worth $77,974,000 after purchasing an additional 1,011,871 shares in the last quarter. Finally, JPMorgan Chase & Co. grew its stake in SPDR Portfolio Emerging Markets ETF by 82.8% during the 3rd quarter. JPMorgan Chase & Co. now owns 1,815,376 shares of the company’s stock worth $84,978,000 after purchasing an additional 822,327 shares in the last quarter.

SPDR Portfolio Emerging Markets ETF Price Performance

SPEM opened at $46.93 on Tuesday. SPDR Portfolio Emerging Markets ETF has a 12 month low of $34.38 and a 12 month high of $51.35. The stock has a market capitalization of $16.09 billion, a price-to-earnings ratio of 15.39 and a beta of 0.56. The business has a fifty day moving average price of $48.63 and a 200 day moving average price of $47.78.

SPDR Portfolio Emerging Markets ETF 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.