Capital Asset Advisory Services LLC Boosts Stock Position in SPDR Portfolio Emerging Markets ETF $SPEM

Capital Asset Advisory Services LLC boosted its stake in shares of SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) by 7.4% in the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 666,463 shares of the company’s stock after buying an additional 46,113 shares during the period. SPDR Portfolio Emerging Markets ETF makes up about 1.2% of Capital Asset Advisory Services LLC’s investment portfolio, making the stock its 26th largest holding. Capital Asset Advisory Services LLC’s holdings in SPDR Portfolio Emerging Markets ETF were worth $34,056,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also added to or reduced their stakes in SPEM. Charles Schwab Investment Management Inc. grew its stake in shares of 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 worth $743,082,000 after acquiring an additional 2,653,013 shares during the last quarter. Allworth Financial LP raised its position in shares of SPDR Portfolio Emerging Markets ETF by 38.5% in the 3rd quarter. Allworth Financial LP now owns 9,261,432 shares of the company’s stock worth $433,528,000 after purchasing an additional 2,572,333 shares during the last quarter. LPL Financial LLC boosted its stake in SPDR Portfolio Emerging Markets ETF by 12.7% in the 4th 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 in the last quarter. NorthRock Partners LLC boosted its stake in SPDR Portfolio Emerging Markets ETF by 38,107.1% in the 3rd quarter. NorthRock Partners LLC now owns 1,106,095 shares of the company’s stock worth $51,776,000 after purchasing an additional 1,103,200 shares in the last quarter. Finally, HighTower Advisors LLC grew its position in SPDR Portfolio Emerging Markets ETF by 51.5% during the 4th quarter. HighTower Advisors LLC now owns 2,626,206 shares of the company’s stock valued at $122,933,000 after purchasing an additional 893,023 shares during the last quarter.

SPDR Portfolio Emerging Markets ETF Stock Performance

NYSEARCA:SPEM opened at $51.30 on Thursday. The firm has a market cap of $17.31 billion, a P/E ratio of 15.39 and a beta of 0.60. SPDR Portfolio Emerging Markets ETF has a fifty-two week low of $42.61 and a fifty-two week high of $53.54. The firm has a 50-day simple moving average of $51.72 and a two-hundred day simple moving average of $49.60.

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.