Values Added Financial LLC Grows Stock Holdings in SPDR Portfolio Emerging Markets ETF $SPEM

Values Added Financial LLC grew its holdings in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) by 1.2% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 169,651 shares of the company’s stock after acquiring an additional 2,029 shares during the period. SPDR Portfolio Emerging Markets ETF accounts for 3.5% of Values Added Financial LLC’s portfolio, making the stock its 5th largest holding. Values Added Financial LLC owned 0.06% of SPDR Portfolio Emerging Markets ETF worth $7,251,000 as of its most recent SEC filing.

Several other institutional investors have also added to or reduced their stakes in the business. LPL Financial LLC raised its position in SPDR Portfolio Emerging Markets ETF by 6.1% in the first quarter. LPL Financial LLC now owns 10,706,453 shares of the company’s stock worth $421,513,000 after acquiring an additional 620,049 shares during the period. Allworth Financial LP raised its position in SPDR Portfolio Emerging Markets ETF by 1.2% in the first quarter. Allworth Financial LP now owns 6,567,549 shares of the company’s stock worth $257,842,000 after acquiring an additional 80,992 shares during the period. Envestnet Asset Management Inc. raised its position in SPDR Portfolio Emerging Markets ETF by 7.8% in the first quarter. Envestnet Asset Management Inc. now owns 6,361,844 shares of the company’s stock worth $250,466,000 after acquiring an additional 461,936 shares during the period. TIAA Trust National Association raised its position in SPDR Portfolio Emerging Markets ETF by 4.3% in the first quarter. TIAA Trust National Association now owns 6,065,716 shares of the company’s stock worth $238,807,000 after acquiring an additional 252,016 shares during the period. Finally, Ameriprise Financial Inc. raised its position in SPDR Portfolio Emerging Markets ETF by 0.7% in 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 Price Performance

Shares of NYSEARCA SPEM opened at $47.53 on Thursday. The firm has a fifty day moving average price of $45.29 and a 200-day moving average price of $42.42. The stock has a market cap of $14.62 billion, a PE ratio of 15.39 and a beta of 0.68. SPDR Portfolio Emerging Markets ETF has a 1 year low of $34.38 and a 1 year high of $47.67.

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.