Ehrlich Financial Group Acquires 12,456 Shares of SPDR Portfolio Emerging Markets ETF $SPEM

Ehrlich Financial Group increased its holdings in shares of SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) by 13.0% during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 108,626 shares of the company’s stock after acquiring an additional 12,456 shares during the period. SPDR Portfolio Emerging Markets ETF comprises approximately 3.0% of Ehrlich Financial Group’s holdings, making the stock its 7th largest holding. Ehrlich Financial Group’s holdings in SPDR Portfolio Emerging Markets ETF were worth $5,085,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the business. Charles Schwab Investment Management Inc. boosted its stake in SPDR Portfolio Emerging Markets ETF by 6,487.0% in the second quarter. Charles Schwab Investment Management Inc. now owns 10,916,062 shares of the company’s stock worth $466,552,000 after purchasing an additional 10,750,340 shares in the last quarter. 3EDGE Asset Management LP raised its holdings in shares of SPDR Portfolio Emerging Markets ETF by 309.6% in the second quarter. 3EDGE Asset Management LP now owns 3,182,524 shares of the company’s stock valued at $135,997,000 after buying an additional 2,405,474 shares during the last quarter. Jane Street Group LLC acquired a new position in SPDR Portfolio Emerging Markets ETF during the 1st quarter worth about $57,992,000. Betterment LLC grew its holdings 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 acquiring an additional 1,011,871 shares during the last quarter. Finally, Cassaday & Co Wealth Management LLC grew its holdings in SPDR Portfolio Emerging Markets ETF by 686.2% during the 2nd quarter. Cassaday & Co Wealth Management LLC now owns 1,141,575 shares of the company’s stock worth $48,791,000 after acquiring an additional 996,366 shares during the last quarter.

SPDR Portfolio Emerging Markets ETF Trading Up 0.5%

Shares of NYSEARCA SPEM opened at $46.97 on Friday. SPDR Portfolio Emerging Markets ETF has a 1-year low of $34.38 and a 1-year high of $48.56. The company has a 50-day moving average of $47.11 and a two-hundred day moving average of $45.38. The company has a market cap of $14.50 billion, a PE ratio of 15.39 and a beta of 0.56.

About SPDR Portfolio Emerging Markets ETF

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.