JPMorgan Chase & Co. Purchases 822,327 Shares of SPDR Portfolio Emerging Markets ETF $SPEM

JPMorgan Chase & Co. raised its position in shares of SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) by 82.8% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 1,815,376 shares of the company’s stock after buying an additional 822,327 shares during the quarter. JPMorgan Chase & Co. owned about 0.59% of SPDR Portfolio Emerging Markets ETF worth $84,978,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently modified their holdings of SPEM. Creative Planning lifted its position in SPDR Portfolio Emerging Markets ETF by 0.9% during the 2nd quarter. Creative Planning now owns 22,882,892 shares of the company’s stock valued at $978,015,000 after acquiring an additional 208,911 shares during the period. Charles Schwab Investment Management Inc. lifted its holdings in shares of SPDR Portfolio Emerging Markets ETF by 6,487.0% during the second quarter. Charles Schwab Investment Management Inc. now owns 10,916,062 shares of the company’s stock valued at $466,552,000 after purchasing an additional 10,750,340 shares during the last quarter. Envestnet Asset Management Inc. boosted its position in shares of SPDR Portfolio Emerging Markets ETF by 7.1% in the 3rd quarter. Envestnet Asset Management Inc. now owns 6,946,967 shares of the company’s stock worth $325,188,000 after purchasing an additional 462,591 shares in the last quarter. Allworth Financial LP boosted its position in shares of SPDR Portfolio Emerging Markets ETF by 1.9% in the 2nd quarter. Allworth Financial LP now owns 6,689,099 shares of the company’s stock worth $285,892,000 after purchasing an additional 121,550 shares in the last quarter. Finally, Ameriprise Financial Inc. grew its stake in shares of SPDR Portfolio Emerging Markets ETF by 5.5% in the 2nd quarter. Ameriprise Financial Inc. now owns 5,339,952 shares of the company’s stock worth $228,232,000 after buying an additional 279,126 shares during the last quarter.

SPDR Portfolio Emerging Markets ETF Stock Down 0.8%

SPEM stock opened at $50.45 on Tuesday. The business has a 50 day moving average of $48.71 and a 200 day moving average of $47.20. The firm has a market cap of $16.85 billion, a PE ratio of 15.39 and a beta of 0.56. SPDR Portfolio Emerging Markets ETF has a twelve month low of $34.38 and a twelve month high of $51.05.

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.