Onyx Bridge Wealth Group LLC Acquires 231,050 Shares of SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM)

Onyx Bridge Wealth Group LLC increased its holdings in shares of SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) by 694.6% in the fourth quarter, HoldingsChannel reports. The firm owned 264,312 shares of the company’s stock after buying an additional 231,050 shares during the period. SPDR Portfolio Emerging Markets ETF makes up 1.5% of Onyx Bridge Wealth Group LLC’s portfolio, making the stock its 15th largest position. Onyx Bridge Wealth Group LLC’s holdings in SPDR Portfolio Emerging Markets ETF were worth $10,142,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also bought and sold shares of the business. State Street Corp raised its position in shares of SPDR Portfolio Emerging Markets ETF by 10.4% in the third quarter. State Street Corp now owns 6,290,419 shares of the company’s stock valued at $259,668,000 after buying an additional 591,019 shares in the last quarter. LPL Financial LLC raised its position in shares of SPDR Portfolio Emerging Markets ETF by 5.2% in the third quarter. LPL Financial LLC now owns 9,644,278 shares of the company’s stock valued at $398,116,000 after buying an additional 476,292 shares in the last quarter. Tidal Investments LLC acquired a new stake in shares of SPDR Portfolio Emerging Markets ETF in the third quarter valued at approximately $13,246,000. Assetmark Inc. raised its position in shares of SPDR Portfolio Emerging Markets ETF by 10.2% in the third quarter. Assetmark Inc. now owns 2,212,515 shares of the company’s stock valued at $91,333,000 after buying an additional 204,960 shares in the last quarter. Finally, Signal Advisors Wealth LLC raised its position in shares of SPDR Portfolio Emerging Markets ETF by 3,380.5% in the fourth quarter. Signal Advisors Wealth LLC now owns 188,367 shares of the company’s stock valued at $7,228,000 after buying an additional 182,955 shares in the last quarter.

SPDR Portfolio Emerging Markets ETF Trading Down 0.2 %

NYSEARCA SPEM opened at $39.04 on Thursday. The company has a 50 day moving average of $38.92 and a 200-day moving average of $39.18. The company has a market cap of $9.27 billion, a price-to-earnings ratio of 13.05 and a beta of 0.81. SPDR Portfolio Emerging Markets ETF has a 1-year low of $34.30 and a 1-year high of $42.88.

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.