Wrapmanager Inc. Increases Position in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM)

Wrapmanager Inc. lifted its position in shares of SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) by 10.1% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 214,551 shares of the company’s stock after purchasing an additional 19,637 shares during the period. SPDR Portfolio Emerging Markets ETF comprises approximately 2.1% of Wrapmanager Inc.’s portfolio, making the stock its 12th largest position. Wrapmanager Inc. owned approximately 0.09% of SPDR Portfolio Emerging Markets ETF worth $8,232,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Raymond James & Associates boosted its holdings in shares of SPDR Portfolio Emerging Markets ETF by 8.9% in the 3rd quarter. Raymond James & Associates now owns 258,992 shares of the company’s stock valued at $10,691,000 after buying an additional 21,119 shares in the last quarter. Modera Wealth Management LLC purchased a new position in shares of SPDR Portfolio Emerging Markets ETF during the third quarter worth about $244,000. Peterson Wealth Advisors LLC increased its position in shares of SPDR Portfolio Emerging Markets ETF by 1.1% during the third quarter. Peterson Wealth Advisors LLC now owns 37,090 shares of the company’s stock worth $1,531,000 after purchasing an additional 403 shares in the last quarter. Salomon & Ludwin LLC lifted its holdings in shares of SPDR Portfolio Emerging Markets ETF by 7.7% in the 3rd quarter. Salomon & Ludwin LLC now owns 11,834 shares of the company’s stock valued at $489,000 after purchasing an additional 843 shares during the last quarter. Finally, FSA Advisors Inc. lifted its holdings in shares of SPDR Portfolio Emerging Markets ETF by 11.0% in the 3rd quarter. FSA Advisors Inc. now owns 8,117 shares of the company’s stock valued at $309,000 after purchasing an additional 803 shares during the last quarter.

SPDR Portfolio Emerging Markets ETF Stock Down 1.5 %

SPEM opened at $39.74 on Tuesday. The firm has a market cap of $10.38 billion, a price-to-earnings ratio of 14.32 and a beta of 0.66. SPDR Portfolio Emerging Markets ETF has a 52 week low of $35.00 and a 52 week high of $42.88. The business’s 50 day moving average is $38.86 and its two-hundred day moving average is $39.41.

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.