SPDR Portfolio Emerging Markets ETF $SPEM Shares Bought by Marathon Strategic Advisors LLC

Marathon Strategic Advisors LLC lifted its stake in shares of SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) by 3.4% in the second quarter, according to the company in its most recent filing with the SEC. The fund owned 241,408 shares of the company’s stock after buying an additional 7,906 shares during the quarter. SPDR Portfolio Emerging Markets ETF comprises about 9.6% of Marathon Strategic Advisors LLC’s portfolio, making the stock its 4th largest holding. Marathon Strategic Advisors LLC owned approximately 0.08% of SPDR Portfolio Emerging Markets ETF worth $10,318,000 as of its most recent filing with the SEC.

A number of other hedge funds also recently modified their holdings of the stock. LPL Financial LLC lifted its stake in shares of SPDR Portfolio Emerging Markets ETF by 6.1% during the 1st quarter. LPL Financial LLC now owns 10,706,453 shares of the company’s stock worth $421,513,000 after buying an additional 620,049 shares during the last quarter. Allworth Financial LP lifted its stake in shares of SPDR Portfolio Emerging Markets ETF by 1.2% during the 1st quarter. Allworth Financial LP now owns 6,567,549 shares of the company’s stock worth $257,842,000 after buying an additional 80,992 shares during the last quarter. Envestnet Asset Management Inc. lifted its stake in shares of SPDR Portfolio Emerging Markets ETF by 7.8% during the 1st quarter. Envestnet Asset Management Inc. now owns 6,361,844 shares of the company’s stock worth $250,466,000 after buying an additional 461,936 shares during the last quarter. TIAA Trust National Association lifted its stake in shares of SPDR Portfolio Emerging Markets ETF by 4.3% during the 1st quarter. TIAA Trust National Association now owns 6,065,716 shares of the company’s stock worth $238,807,000 after buying an additional 252,016 shares during the last quarter. Finally, Ameriprise Financial Inc. lifted its stake in shares of SPDR Portfolio Emerging Markets ETF by 0.7% during the 1st quarter. Ameriprise Financial Inc. now owns 5,060,826 shares of the company’s stock worth $199,231,000 after buying an additional 33,522 shares during the last quarter.

SPDR Portfolio Emerging Markets ETF Stock Performance

NYSEARCA SPEM opened at $47.05 on Friday. The firm has a 50-day moving average of $45.75 and a 200-day moving average of $42.75. The stock has a market cap of $14.47 billion, a PE 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 $47.67.

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.