SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) Shares Acquired by LPL Financial LLC

LPL Financial LLC raised its holdings in shares of SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) by 4.6% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 10,086,404 shares of the company’s stock after acquiring an additional 442,126 shares during the period. LPL Financial LLC owned approximately 4.25% of SPDR Portfolio Emerging Markets ETF worth $387,015,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also bought and sold shares of the company. IMG Wealth Management Inc. acquired a new stake in SPDR Portfolio Emerging Markets ETF during the 4th quarter valued at approximately $27,000. Compass Planning Associates Inc acquired a new stake in SPDR Portfolio Emerging Markets ETF during the 4th quarter valued at approximately $28,000. Strategic Wealth Investment Group LLC purchased a new position in shares of SPDR Portfolio Emerging Markets ETF during the 4th quarter valued at approximately $46,000. Rialto Wealth Management LLC purchased a new position in shares of SPDR Portfolio Emerging Markets ETF during the 4th quarter valued at approximately $60,000. Finally, SBI Securities Co. Ltd. purchased a new position in shares of SPDR Portfolio Emerging Markets ETF during the 4th quarter valued at approximately $64,000.

SPDR Portfolio Emerging Markets ETF Price Performance

NYSEARCA:SPEM opened at $40.03 on Friday. The firm has a market cap of $10.58 billion, a price-to-earnings ratio of 14.80 and a beta of 0.67. The company has a 50 day moving average price of $39.27 and a 200-day moving average price of $39.60. SPDR Portfolio Emerging Markets ETF has a 1-year low of $35.00 and a 1-year high of $42.88.

About SPDR Portfolio Emerging Markets ETF

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.