Envestnet Portfolio Solutions Inc. Has $98.51 Million Stock Position in SPDR Portfolio Emerging Markets ETF $SPEM

Envestnet Portfolio Solutions Inc. boosted its position in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) by 6.0% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 2,104,367 shares of the company’s stock after buying an additional 119,195 shares during the quarter. Envestnet Portfolio Solutions Inc. owned approximately 0.68% of SPDR Portfolio Emerging Markets ETF worth $98,505,000 at the end of the most recent reporting period.

Other institutional investors have also recently bought and sold shares of the company. CWM LLC lifted its holdings in shares of SPDR Portfolio Emerging Markets ETF by 3.3% during the third quarter. CWM LLC now owns 2,263,731 shares of the company’s stock worth $105,965,000 after buying an additional 73,219 shares during the last quarter. Addison Advisors LLC bought a new position in SPDR Portfolio Emerging Markets ETF during the second quarter worth $49,000. Allworth Financial LP increased its position in SPDR Portfolio Emerging Markets ETF by 1.9% during the second quarter. Allworth Financial LP now owns 6,689,099 shares of the company’s stock worth $285,892,000 after acquiring an additional 121,550 shares during the period. Farther Finance Advisors LLC raised its stake in SPDR Portfolio Emerging Markets ETF by 45.5% during the 3rd quarter. Farther Finance Advisors LLC now owns 58,564 shares of the company’s stock valued at $2,741,000 after purchasing an additional 18,303 shares during the last quarter. Finally, Cerity Partners LLC boosted its holdings in SPDR Portfolio Emerging Markets ETF by 0.7% in the 3rd quarter. Cerity Partners LLC now owns 2,688,945 shares of the company’s stock valued at $125,869,000 after purchasing an additional 18,041 shares during the period.

SPDR Portfolio Emerging Markets ETF Price Performance

NYSEARCA SPEM opened at $49.24 on Friday. The company’s fifty day moving average is $47.31 and its two-hundred day moving average is $46.12. SPDR Portfolio Emerging Markets ETF has a 52-week low of $34.38 and a 52-week high of $49.44. The firm has a market capitalization of $16.29 billion, a price-to-earnings ratio of 15.39 and a beta of 0.56.

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.