Diversify Wealth Management LLC Increases Stock Holdings in SPDR Portfolio Emerging Markets ETF $SPEM

Diversify Wealth Management LLC boosted its stake in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) by 266.4% during the first quarter, according to its most recent 13F filing with the SEC. The firm owned 58,227 shares of the company’s stock after acquiring an additional 42,335 shares during the quarter. Diversify Wealth Management LLC’s holdings in SPDR Portfolio Emerging Markets ETF were worth $2,939,000 as of its most recent filing with the SEC.

A number of other institutional investors have also recently added to or reduced their stakes in SPEM. Brighton Jones LLC acquired a new stake in shares of SPDR Portfolio Emerging Markets ETF in the fourth quarter valued at about $289,000. AQR Capital Management LLC grew its holdings in shares of SPDR Portfolio Emerging Markets ETF by 80.2% during the first quarter. AQR Capital Management LLC now owns 31,388 shares of the company’s stock worth $1,236,000 after buying an additional 13,972 shares in the last quarter. Goldman Sachs Group Inc. grew its stake in SPDR Portfolio Emerging Markets ETF by 6.6% during the 1st quarter. Goldman Sachs Group Inc. now owns 104,799 shares of the company’s stock valued at $4,126,000 after acquiring an additional 6,463 shares in the last quarter. First Trust Advisors LP lifted its position in SPDR Portfolio Emerging Markets ETF by 2.8% during the second quarter. First Trust Advisors LP now owns 9,682 shares of the company’s stock worth $414,000 after buying an additional 263 shares in the last quarter. Finally, Marshall Wace LLP purchased a new position in shares of SPDR Portfolio Emerging Markets ETF during the 2nd quarter worth $768,000.

SPDR Portfolio Emerging Markets ETF Trading Down 1.9%

SPDR Portfolio Emerging Markets ETF stock opened at $50.96 on Tuesday. The company has a 50-day moving average price of $51.81 and a 200 day moving average price of $49.87. SPDR Portfolio Emerging Markets ETF has a 12-month low of $42.66 and a 12-month high of $53.54. The stock has a market cap of $17.20 billion, a P/E ratio of 15.39 and a beta of 0.60.

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.