Stonehearth Capital Management LLC Purchases 743 Shares of SPDR Portfolio Emerging Markets ETF $SPEM

Stonehearth Capital Management LLC lifted its position in shares of SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) by 1.9% during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 38,848 shares of the company’s stock after purchasing an additional 743 shares during the quarter. SPDR Portfolio Emerging Markets ETF accounts for 0.7% of Stonehearth Capital Management LLC’s portfolio, making the stock its 22nd largest position. Stonehearth Capital Management LLC’s holdings in SPDR Portfolio Emerging Markets ETF were worth $1,660,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the company. LPL Financial LLC boosted its position in shares of SPDR Portfolio Emerging Markets ETF by 6.1% during the first quarter. LPL Financial LLC now owns 10,706,453 shares of the company’s stock worth $421,513,000 after purchasing an additional 620,049 shares in the last quarter. Allworth Financial LP boosted its position in shares of SPDR Portfolio Emerging Markets ETF by 1.2% during the first quarter. Allworth Financial LP now owns 6,567,549 shares of the company’s stock worth $257,842,000 after purchasing an additional 80,992 shares in the last quarter. Envestnet Asset Management Inc. boosted its position in shares of SPDR Portfolio Emerging Markets ETF by 7.8% during the first quarter. Envestnet Asset Management Inc. now owns 6,361,844 shares of the company’s stock worth $250,466,000 after purchasing an additional 461,936 shares in the last quarter. TIAA Trust National Association boosted its position in shares of SPDR Portfolio Emerging Markets ETF by 4.3% during the first quarter. TIAA Trust National Association now owns 6,065,716 shares of the company’s stock worth $238,807,000 after purchasing an additional 252,016 shares in the last quarter. Finally, Ameriprise Financial Inc. raised its holdings in shares of SPDR Portfolio Emerging Markets ETF by 0.7% during the first quarter. Ameriprise Financial Inc. now owns 5,060,826 shares of the company’s stock worth $199,231,000 after acquiring an additional 33,522 shares during the period.

SPDR Portfolio Emerging Markets ETF Trading Down 0.2%

SPEM opened at $46.03 on Friday. The stock has a market capitalization of $13.39 billion, a P/E ratio of 15.39 and a beta of 0.68. SPDR Portfolio Emerging Markets ETF has a 12 month low of $34.38 and a 12 month high of $46.12. The firm’s fifty day simple moving average is $44.03 and its 200 day simple moving average is $41.53.

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.