LPL Financial LLC Acquires 1,758,866 Shares of SPDR Portfolio Emerging Markets ETF $SPEM

LPL Financial LLC boosted its holdings in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) by 12.7% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 15,587,049 shares of the company’s stock after purchasing an additional 1,758,866 shares during the quarter. LPL Financial LLC owned approximately 4.67% of SPDR Portfolio Emerging Markets ETF worth $729,630,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in the business. Mascagni Wealth Management Inc. boosted its position in shares of SPDR Portfolio Emerging Markets ETF by 4.8% during the 4th quarter. Mascagni Wealth Management Inc. now owns 4,499 shares of the company’s stock valued at $211,000 after acquiring an additional 207 shares during the last quarter. River Street Advisors LLC boosted its position in shares of SPDR Portfolio Emerging Markets ETF by 1.8% during the 4th quarter. River Street Advisors LLC now owns 12,122 shares of the company’s stock valued at $567,000 after acquiring an additional 209 shares during the last quarter. Kraft Davis & Associates LLC boosted its position in shares of SPDR Portfolio Emerging Markets ETF by 4.5% during the 4th quarter. Kraft Davis & Associates LLC now owns 4,934 shares of the company’s stock valued at $240,000 after acquiring an additional 213 shares during the last quarter. Captrust Financial Advisors boosted its position in shares of SPDR Portfolio Emerging Markets ETF by 0.7% during the 3rd quarter. Captrust Financial Advisors now owns 32,698 shares of the company’s stock valued at $1,531,000 after acquiring an additional 222 shares during the last quarter. Finally, Greystone Financial Group LLC boosted its position in shares of SPDR Portfolio Emerging Markets ETF by 1.8% during the 4th quarter. Greystone Financial Group LLC now owns 13,691 shares of the company’s stock valued at $641,000 after acquiring an additional 237 shares during the last quarter.

SPDR Portfolio Emerging Markets ETF Stock Performance

NYSEARCA SPEM opened at $50.53 on Monday. The company has a market capitalization of $17.32 billion, a P/E ratio of 15.39 and a beta of 0.60. SPDR Portfolio Emerging Markets ETF has a one year low of $40.83 and a one year high of $53.54. The stock has a 50 day moving average price of $50.45 and a 200-day moving average price of $48.96.

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.