Hilltop Wealth Advisors LLC Decreases Stake in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM)

Hilltop Wealth Advisors LLC decreased its holdings in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) by 2.6% during the 3rd quarter, according to its most recent disclosure with the SEC. The firm owned 17,201 shares of the company’s stock after selling 465 shares during the period. Hilltop Wealth Advisors LLC’s holdings in SPDR Portfolio Emerging Markets ETF were worth $710,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the business. LPL Financial LLC grew its stake in shares of SPDR Portfolio Emerging Markets ETF by 2.4% in the second quarter. LPL Financial LLC now owns 9,167,986 shares of the company’s stock valued at $345,358,000 after buying an additional 218,418 shares in the last quarter. TIAA Trust National Association raised its stake in shares of SPDR Portfolio Emerging Markets ETF by 6.1% during the first quarter. TIAA Trust National Association now owns 5,419,849 shares of the company’s stock valued at $196,144,000 after purchasing an additional 312,818 shares during the period. Envestnet Asset Management Inc. raised its stake in shares of SPDR Portfolio Emerging Markets ETF by 6.9% during the second quarter. Envestnet Asset Management Inc. now owns 4,995,049 shares of the company’s stock valued at $188,164,000 after purchasing an additional 323,995 shares during the period. Jane Street Group LLC lifted its position in shares of SPDR Portfolio Emerging Markets ETF by 44.4% during the first quarter. Jane Street Group LLC now owns 2,431,196 shares of the company’s stock worth $87,985,000 after purchasing an additional 747,277 shares in the last quarter. Finally, Bank of New York Mellon Corp boosted its stake in shares of SPDR Portfolio Emerging Markets ETF by 1.4% in the second quarter. Bank of New York Mellon Corp now owns 2,283,140 shares of the company’s stock valued at $86,006,000 after purchasing an additional 31,453 shares during the period.

SPDR Portfolio Emerging Markets ETF Trading Up 0.6 %

SPEM opened at $41.54 on Friday. SPDR Portfolio Emerging Markets ETF has a twelve month low of $32.06 and a twelve month high of $42.88. The firm has a market cap of $9.86 billion, a price-to-earnings ratio of 13.05 and a beta of 0.81. The company has a fifty day simple moving average of $39.00 and a 200 day simple moving average of $37.98.

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.