IFP Advisors Inc Raises Stock Holdings in SPDR Portfolio Emerging Markets ETF $SPEM

IFP Advisors Inc raised its stake in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) by 18.2% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 164,298 shares of the company’s stock after purchasing an additional 25,284 shares during the period. IFP Advisors Inc’s holdings in SPDR Portfolio Emerging Markets ETF were worth $8,507,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Charles Schwab Investment Management Inc. grew its position in shares of SPDR Portfolio Emerging Markets ETF by 20.1% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 15,874,429 shares of the company’s stock worth $743,082,000 after buying an additional 2,653,013 shares during the last quarter. LPL Financial LLC lifted its position in 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 valued at $729,630,000 after acquiring an additional 1,758,866 shares during the last quarter. HighTower Advisors LLC boosted its stake in SPDR Portfolio Emerging Markets ETF by 51.5% in the fourth quarter. HighTower Advisors LLC now owns 2,626,206 shares of the company’s stock valued at $122,933,000 after acquiring an additional 893,023 shares in the last quarter. State Street Corp boosted its stake in SPDR Portfolio Emerging Markets ETF by 23.1% in the fourth quarter. State Street Corp now owns 4,419,838 shares of the company’s stock valued at $206,893,000 after acquiring an additional 830,465 shares in the last quarter. Finally, Bank of America Corp DE boosted its stake in SPDR Portfolio Emerging Markets ETF by 54.2% in the third quarter. Bank of America Corp DE now owns 2,300,860 shares of the company’s stock valued at $107,703,000 after acquiring an additional 809,020 shares in the last quarter.

SPDR Portfolio Emerging Markets ETF Trading Down 0.6%

NYSEARCA SPEM opened at $52.97 on Thursday. The firm’s fifty day simple moving average is $51.76 and its two-hundred day simple moving average is $50.73. The firm has a market capitalization of $17.93 billion, a P/E ratio of 15.39 and a beta of 0.61. SPDR Portfolio Emerging Markets ETF has a 12-month low of $45.28 and a 12-month high of $53.54.

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.