Bessemer Group Inc. Increases Holdings in SPDR Portfolio Emerging Markets ETF $SPEM

Bessemer Group Inc. boosted its stake in shares of SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) by 11,326.0% in the 1st quarter, according to the company in its most recent disclosure with the SEC. The firm owned 11,883 shares of the company’s stock after buying an additional 11,779 shares during the quarter. Bessemer Group Inc.’s holdings in SPDR Portfolio Emerging Markets ETF were worth $557,000 as of its most recent SEC filing.

A number of other large investors have also added to or reduced their stakes in the stock. Charles Schwab Investment Management Inc. increased its stake in shares of SPDR Portfolio Emerging Markets ETF by 20.1% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 15,874,429 shares of the company’s stock worth $743,082,000 after purchasing an additional 2,653,013 shares during the last quarter. LPL Financial LLC raised its stake in shares of SPDR Portfolio Emerging Markets ETF by 12.7% in the fourth quarter. LPL Financial LLC now owns 15,587,049 shares of the company’s stock valued at $729,630,000 after buying an additional 1,758,866 shares during the period. Allworth Financial LP lifted its position in shares of SPDR Portfolio Emerging Markets ETF by 1.0% during the 4th quarter. Allworth Financial LP now owns 9,355,461 shares of the company’s stock valued at $437,929,000 after buying an additional 94,029 shares during the last quarter. Morgan Stanley lifted its position in shares of SPDR Portfolio Emerging Markets ETF by 9.8% during the 4th quarter. Morgan Stanley now owns 6,997,855 shares of the company’s stock valued at $327,570,000 after buying an additional 622,595 shares during the last quarter. Finally, Ameriprise Financial Inc. grew its stake in shares of SPDR Portfolio Emerging Markets ETF by 5.5% during the 2nd quarter. Ameriprise Financial Inc. now owns 5,339,952 shares of the company’s stock worth $228,232,000 after acquiring an additional 279,126 shares during the period.

SPDR Portfolio Emerging Markets ETF Stock Performance

Shares of SPDR Portfolio Emerging Markets ETF stock opened at $50.16 on Friday. The stock has a market capitalization of $16.98 billion, a P/E ratio of 15.39 and a beta of 0.60. SPDR Portfolio Emerging Markets ETF has a 52-week low of $42.66 and a 52-week high of $53.54. The stock’s 50-day simple moving average is $51.58 and its 200 day simple moving average is $50.09.

SPDR Portfolio Emerging Markets ETF Company 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.