SPDR Portfolio Emerging Markets ETF $SPEM Stake Lifted by Allworth Financial LP

Allworth Financial LP grew its holdings in shares of SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) by 38.5% during the 3rd quarter, HoldingsChannel reports. The firm owned 9,261,432 shares of the company’s stock after buying an additional 2,572,333 shares during the period. SPDR Portfolio Emerging Markets ETF comprises approximately 1.9% of Allworth Financial LP’s holdings, making the stock its 9th biggest position. Allworth Financial LP’s holdings in SPDR Portfolio Emerging Markets ETF were worth $433,528,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors have also modified their holdings of the company. Hantz Financial Services Inc. lifted its stake in shares of SPDR Portfolio Emerging Markets ETF by 2,031.0% in the third quarter. Hantz Financial Services Inc. now owns 618 shares of the company’s stock worth $27,000 after buying an additional 589 shares in the last quarter. First Horizon Corp purchased a new stake in SPDR Portfolio Emerging Markets ETF during the 3rd quarter valued at about $29,000. Front Row Advisors LLC grew its stake in SPDR Portfolio Emerging Markets ETF by 147.9% during the 3rd quarter. Front Row Advisors LLC now owns 771 shares of the company’s stock valued at $36,000 after acquiring an additional 460 shares in the last quarter. Stone House Investment Management LLC acquired a new stake in SPDR Portfolio Emerging Markets ETF in the 3rd quarter valued at about $40,000. Finally, Blue Trust Inc. raised its holdings in SPDR Portfolio Emerging Markets ETF by 539.1% in the 3rd quarter. Blue Trust Inc. now owns 1,227 shares of the company’s stock valued at $57,000 after acquiring an additional 1,035 shares during the last quarter.

SPDR Portfolio Emerging Markets ETF Price Performance

SPEM opened at $47.00 on Thursday. The firm has a market capitalization of $15.70 billion, a price-to-earnings ratio of 15.39 and a beta of 0.56. The company’s 50 day simple moving average is $49.25 and its two-hundred day simple moving average is $47.68. SPDR Portfolio Emerging Markets ETF has a 1-year low of $34.38 and a 1-year high of $51.35.

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.