Obsidian Personal Planning Solutions LLC Boosts Position in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM)

Obsidian Personal Planning Solutions LLC boosted its holdings in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) by 17.5% during the 3rd quarter, according to its most recent disclosure with the SEC. The firm owned 134,034 shares of the company’s stock after buying an additional 19,969 shares during the period. SPDR Portfolio Emerging Markets ETF makes up about 2.6% of Obsidian Personal Planning Solutions LLC’s investment portfolio, making the stock its 13th largest position. Obsidian Personal Planning Solutions LLC’s holdings in SPDR Portfolio Emerging Markets ETF were worth $5,390,000 as of its most recent SEC filing.

Other hedge funds have also recently bought and sold shares of the company. LPL Financial LLC raised its stake in shares of 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 period. Allworth Financial LP boosted its holdings in SPDR Portfolio Emerging Markets ETF by 1.1% in the third quarter. Allworth Financial LP now owns 6,297,465 shares of the company’s stock worth $259,959,000 after purchasing an additional 67,205 shares during the period. Envestnet Asset Management Inc. boosted its holdings 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 worth $188,164,000 after purchasing an additional 323,995 shares during the period. Jane Street Group LLC boosted its holdings in SPDR Portfolio Emerging Markets ETF by 44.4% in the first quarter. Jane Street Group LLC now owns 2,431,196 shares of the company’s stock worth $87,985,000 after purchasing an additional 747,277 shares during the period. Finally, Bank of New York Mellon Corp boosted its holdings in shares of SPDR Portfolio Emerging Markets ETF by 1.4% during the second quarter. Bank of New York Mellon Corp now owns 2,283,140 shares of the company’s stock valued at $86,006,000 after acquiring an additional 31,453 shares during the period.

SPDR Portfolio Emerging Markets ETF Stock Performance

Shares of SPEM opened at $39.01 on Friday. SPDR Portfolio Emerging Markets ETF has a 1 year low of $33.52 and a 1 year high of $42.88. The company has a market cap of $9.26 billion, a price-to-earnings ratio of 13.05 and a beta of 0.81. The firm has a fifty day moving average of $40.35 and a 200-day moving average of $38.79.

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.