Wrenne Financial Planning LLC Boosts Stock Position in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM)

Wrenne Financial Planning LLC lifted its stake in shares of SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) by 1.5% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 101,843 shares of the company’s stock after acquiring an additional 1,474 shares during the quarter. SPDR Portfolio Emerging Markets ETF makes up approximately 2.2% of Wrenne Financial Planning LLC’s holdings, making the stock its 13th biggest position. Wrenne Financial Planning LLC’s holdings in SPDR Portfolio Emerging Markets ETF were worth $3,908,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. LPL Financial LLC raised its holdings in SPDR Portfolio Emerging Markets ETF by 5.2% during the third quarter. LPL Financial LLC now owns 9,644,278 shares of the company’s stock valued at $398,116,000 after acquiring an additional 476,292 shares during the period. Allworth Financial LP raised its stake in SPDR Portfolio Emerging Markets ETF by 3.0% during the 4th quarter. Allworth Financial LP now owns 6,486,557 shares of the company’s stock valued at $250,381,000 after purchasing an additional 189,092 shares during the period. State Street Corp lifted its holdings in SPDR Portfolio Emerging Markets ETF by 10.4% in the 3rd quarter. State Street Corp now owns 6,290,419 shares of the company’s stock worth $259,668,000 after purchasing an additional 591,019 shares in the last quarter. Bank of New York Mellon Corp boosted its stake in SPDR Portfolio Emerging Markets ETF by 37.9% in the 4th quarter. Bank of New York Mellon Corp now owns 2,694,747 shares of the company’s stock worth $103,397,000 after purchasing an additional 740,980 shares during the period. Finally, Envestnet Portfolio Solutions Inc. grew its holdings in SPDR Portfolio Emerging Markets ETF by 13.4% during the 4th quarter. Envestnet Portfolio Solutions Inc. now owns 2,314,948 shares of the company’s stock valued at $88,825,000 after buying an additional 274,079 shares in the last quarter.

SPDR Portfolio Emerging Markets ETF Price Performance

SPDR Portfolio Emerging Markets ETF stock opened at $40.08 on Monday. The firm’s 50 day moving average price is $39.04 and its 200-day moving average price is $39.54. SPDR Portfolio Emerging Markets ETF has a 1 year low of $35.00 and a 1 year high of $42.88. The stock has a market cap of $10.60 billion, a P/E ratio of 14.80 and a beta of 0.67.

SPDR Portfolio Emerging Markets ETF 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.