HighTower Advisors LLC Increases Stock Holdings in SPDR Portfolio Emerging Markets ETF $SPEM

HighTower Advisors LLC lifted its position in shares of SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) by 22.1% in the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 1,733,183 shares of the company’s stock after buying an additional 314,262 shares during the quarter. HighTower Advisors LLC owned approximately 0.56% of SPDR Portfolio Emerging Markets ETF worth $81,130,000 at the end of the most recent quarter.

A number of other large investors have also recently added to or reduced their stakes in the business. Hantz Financial Services Inc. raised its position in SPDR Portfolio Emerging Markets ETF by 2,031.0% during the third quarter. Hantz Financial Services Inc. now owns 618 shares of the company’s stock worth $27,000 after acquiring an additional 589 shares during the last quarter. First Horizon Corp purchased a new position in shares of SPDR Portfolio Emerging Markets ETF during the 3rd quarter worth approximately $29,000. Stone House Investment Management LLC purchased a new position in shares of SPDR Portfolio Emerging Markets ETF during the 3rd quarter worth approximately $40,000. Addison Advisors LLC acquired a new position in shares of SPDR Portfolio Emerging Markets ETF during the 2nd quarter worth approximately $49,000. Finally, Blue Trust Inc. lifted its stake in SPDR Portfolio Emerging Markets ETF by 539.1% in the 3rd quarter. Blue Trust Inc. now owns 1,227 shares of the company’s stock valued at $57,000 after buying an additional 1,035 shares in the last quarter.

SPDR Portfolio Emerging Markets ETF Stock Performance

Shares of NYSEARCA:SPEM opened at $50.26 on Tuesday. The business’s fifty day moving average price is $48.37 and its two-hundred day moving average price is $46.95. The stock has a market cap of $16.79 billion, a PE ratio of 15.39 and a beta of 0.56. SPDR Portfolio Emerging Markets ETF has a one year low of $34.38 and a one year high of $51.05.

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.