SPDR Portfolio Emerging Markets ETF $SPEM is Delta Wealth Advisors LLC’s 7th Largest Position

Delta Wealth Advisors LLC grew its stake in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) by 8.1% in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 134,906 shares of the company’s stock after buying an additional 10,119 shares during the period. SPDR Portfolio Emerging Markets ETF accounts for 4.8% of Delta Wealth Advisors LLC’s investment portfolio, making the stock its 7th largest holding. Delta Wealth Advisors LLC’s holdings in SPDR Portfolio Emerging Markets ETF were worth $6,328,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also recently bought and sold shares of SPEM. Charles Schwab Investment Management Inc. lifted its position in SPDR Portfolio Emerging Markets ETF by 20.1% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 15,874,429 shares of the company’s stock valued at $743,082,000 after acquiring an additional 2,653,013 shares during the last quarter. LPL Financial LLC grew its holdings in shares of SPDR Portfolio Emerging Markets ETF by 12.7% during the fourth quarter. LPL Financial LLC now owns 15,587,049 shares of the company’s stock worth $729,630,000 after purchasing an additional 1,758,866 shares during the last quarter. Allworth Financial LP grew its holdings in shares of SPDR Portfolio Emerging Markets ETF by 1.0% during the fourth quarter. Allworth Financial LP now owns 9,355,461 shares of the company’s stock worth $437,929,000 after purchasing an additional 94,029 shares during the last quarter. Morgan Stanley grew its holdings in shares of SPDR Portfolio Emerging Markets ETF by 9.8% during the fourth quarter. Morgan Stanley now owns 6,997,855 shares of the company’s stock worth $327,570,000 after purchasing an additional 622,595 shares during the last quarter. Finally, Ameriprise Financial Inc. increased its position in shares of SPDR Portfolio Emerging Markets ETF by 5.5% during the second quarter. Ameriprise Financial Inc. now owns 5,339,952 shares of the company’s stock worth $228,232,000 after purchasing an additional 279,126 shares in the last quarter.

SPDR Portfolio Emerging Markets ETF Stock Performance

SPDR Portfolio Emerging Markets ETF stock opened at $50.82 on Friday. SPDR Portfolio Emerging Markets ETF has a fifty-two week low of $42.34 and a fifty-two week high of $53.54. The company has a market capitalization of $17.42 billion, a P/E ratio of 15.39 and a beta of 0.60. The stock has a 50-day simple moving average of $51.69 and a 200-day simple moving average of $49.49.

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.