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

Cypress Wealth Services LLC lifted its holdings in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) by 36.5% during the 4th quarter, HoldingsChannel.com reports. 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 makes up about 1.4% of Cypress Wealth Services LLC’s portfolio, making the stock its 14th biggest holding. Cypress Wealth Services LLC’s holdings in SPDR Portfolio Emerging Markets ETF were worth $10,234,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. CWM LLC raised its position 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 purchasing an additional 73,219 shares during the period. BlueStem Wealth Partners LLC boosted its position in shares of SPDR Portfolio Emerging Markets ETF by 6.7% in the 3rd quarter. BlueStem Wealth Partners LLC now owns 1,049,706 shares of the company’s stock valued at $49,137,000 after purchasing an additional 65,492 shares during the period. Farther Finance Advisors LLC boosted its position in shares of SPDR Portfolio Emerging Markets ETF by 45.5% in 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 period. Cerity Partners LLC increased its stake 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 worth $125,869,000 after purchasing an additional 18,041 shares in the last quarter. Finally, Axos Invest Inc. purchased a new position in SPDR Portfolio Emerging Markets ETF in the 3rd quarter worth about $1,471,000.

SPDR Portfolio Emerging Markets ETF Trading Down 0.7%

NYSEARCA SPEM opened at $45.57 on Friday. SPDR Portfolio Emerging Markets ETF has a 1 year low of $34.38 and a 1 year high of $51.35. The company has a market cap of $15.22 billion, a PE ratio of 15.39 and a beta of 0.56. The stock’s 50-day moving average price is $48.92 and its two-hundred day moving average price is $47.75.

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.