SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) Shares Purchased by Global Retirement Partners LLC

Global Retirement Partners LLC boosted its stake in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) by 0.5% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 212,118 shares of the company’s stock after purchasing an additional 1,007 shares during the period. Global Retirement Partners LLC owned approximately 0.09% of SPDR Portfolio Emerging Markets ETF worth $8,756,000 at the end of the most recent reporting period.

Several other large investors have also recently added to or reduced their stakes in SPEM. Envestnet Asset Management Inc. grew its stake in shares of SPDR Portfolio Emerging Markets ETF by 6.9% during 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 in the last quarter. US Bancorp DE lifted its position in shares of SPDR Portfolio Emerging Markets ETF by 40.9% during the first quarter. US Bancorp DE now owns 13,995 shares of the company’s stock worth $506,000 after purchasing an additional 4,063 shares during the last quarter. Forbes Financial Planning Inc. lifted its position in shares of SPDR Portfolio Emerging Markets ETF by 104.7% during the second quarter. Forbes Financial Planning Inc. now owns 67,199 shares of the company’s stock worth $2,531,000 after purchasing an additional 34,371 shares during the last quarter. Raymond James & Associates lifted its position in shares of SPDR Portfolio Emerging Markets ETF by 9.1% during the second quarter. Raymond James & Associates now owns 237,873 shares of the company’s stock worth $8,961,000 after purchasing an additional 19,939 shares during the last quarter. Finally, Second Line Capital LLC lifted its position in shares of SPDR Portfolio Emerging Markets ETF by 4.5% during the second quarter. Second Line Capital LLC now owns 203,959 shares of the company’s stock worth $7,683,000 after purchasing an additional 8,783 shares during the last quarter.

SPDR Portfolio Emerging Markets ETF Stock Performance

Shares of SPEM stock traded down $0.19 during trading hours on Thursday, hitting $40.74. 538,527 shares of the company were exchanged, compared to its average volume of 1,606,130. SPDR Portfolio Emerging Markets ETF has a one year low of $32.06 and a one year high of $42.88. The business’s 50-day simple moving average is $39.38 and its two-hundred day simple moving average is $38.14. The stock has a market capitalization of $9.67 billion, a price-to-earnings ratio of 13.05 and a beta of 0.81.

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.