Austin Private Wealth LLC Grows Holdings in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM)

Austin Private Wealth LLC raised its stake in shares of SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) by 18.9% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 82,635 shares of the company’s stock after acquiring an additional 13,136 shares during the quarter. Austin Private Wealth LLC’s holdings in SPDR Portfolio Emerging Markets ETF were worth $3,411,000 at the end of the most recent quarter.

Other hedge funds also recently added to or reduced their stakes in the company. LPL Financial LLC increased its stake in SPDR Portfolio Emerging Markets ETF by 2.4% during the second quarter. LPL Financial LLC now owns 9,167,986 shares of the company’s stock valued at $345,358,000 after purchasing an additional 218,418 shares during the last quarter. Allworth Financial LP raised its stake in SPDR Portfolio Emerging Markets ETF by 1.1% during the third quarter. Allworth Financial LP now owns 6,297,465 shares of the company’s stock worth $259,959,000 after acquiring an additional 67,205 shares during the period. TIAA Trust National Association lifted its holdings in SPDR Portfolio Emerging Markets ETF by 6.1% in the first quarter. TIAA Trust National Association now owns 5,419,849 shares of the company’s stock worth $196,144,000 after acquiring an additional 312,818 shares during the last quarter. Envestnet Asset Management Inc. boosted its stake in SPDR Portfolio Emerging Markets ETF by 6.9% in the second quarter. Envestnet Asset Management Inc. now owns 4,995,049 shares of the company’s stock valued at $188,164,000 after acquiring an additional 323,995 shares during the period. Finally, Jane Street Group LLC grew its holdings in shares of SPDR Portfolio Emerging Markets ETF by 44.4% during the first quarter. Jane Street Group LLC now owns 2,431,196 shares of the company’s stock valued at $87,985,000 after purchasing an additional 747,277 shares during the last quarter.

SPDR Portfolio Emerging Markets ETF Price Performance

Shares of NYSEARCA SPEM traded up $0.52 during mid-day trading on Tuesday, hitting $40.87. The company had a trading volume of 115,137 shares, compared to its average volume of 1,577,941. SPDR Portfolio Emerging Markets ETF has a 12 month low of $33.48 and a 12 month high of $42.88. The stock has a market cap of $9.70 billion, a price-to-earnings ratio of 13.05 and a beta of 0.81. The firm’s 50 day simple moving average is $40.02 and its two-hundred day simple moving average is $38.56.

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.