Simplicity Wealth LLC Has $5.45 Million Holdings in SPDR Portfolio Emerging Markets ETF $SPEM

Simplicity Wealth LLC raised its holdings in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) by 1,673.0% during the 2nd quarter, according to the company in its most recent disclosure with the SEC. The firm owned 127,516 shares of the company’s stock after buying an additional 120,324 shares during the quarter. Simplicity Wealth LLC’s holdings in SPDR Portfolio Emerging Markets ETF were worth $5,450,000 as of its most recent SEC filing.

Other institutional investors have also recently added to or reduced their stakes in the company. Golden State Wealth Management LLC increased its holdings in shares of SPDR Portfolio Emerging Markets ETF by 66.1% during the first quarter. Golden State Wealth Management LLC now owns 7,133 shares of the company’s stock valued at $281,000 after acquiring an additional 2,839 shares in the last quarter. ORBA Wealth Advisors L.L.C. increased its holdings in shares of SPDR Portfolio Emerging Markets ETF by 12.3% during the first quarter. ORBA Wealth Advisors L.L.C. now owns 108,024 shares of the company’s stock valued at $4,253,000 after acquiring an additional 11,790 shares in the last quarter. Focus Financial Network Inc. increased its holdings in shares of SPDR Portfolio Emerging Markets ETF by 3.8% during the second quarter. Focus Financial Network Inc. now owns 7,195 shares of the company’s stock valued at $307,000 after acquiring an additional 263 shares in the last quarter. Golden State Equity Partners bought a new stake in shares of SPDR Portfolio Emerging Markets ETF during the first quarter valued at approximately $1,102,000. Finally, Goldman Sachs Group Inc. increased its holdings in shares of SPDR Portfolio Emerging Markets ETF by 6.6% during the first 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.

SPDR Portfolio Emerging Markets ETF Stock Up 0.3%

NYSEARCA SPEM opened at $47.35 on Friday. The company has a market cap of $14.56 billion, a price-to-earnings ratio of 15.39 and a beta of 0.68. SPDR Portfolio Emerging Markets ETF has a 52 week low of $34.38 and a 52 week high of $47.44. The business has a 50 day moving average price of $45.05 and a 200-day moving average price of $42.28.

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.