Great Lakes Advisors LLC increased its stake in shares of SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM – Free Report) by 16.4% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 1,573,702 shares of the company’s stock after buying an additional 221,616 shares during the quarter. Great Lakes Advisors LLC’s holdings in SPDR Portfolio Emerging Markets ETF were worth $59,281,000 at the end of the most recent quarter.
A number of other institutional investors have also recently added to or reduced their stakes in the stock. Wedmont Private Capital grew its stake in SPDR Portfolio Emerging Markets ETF by 0.7% during the 1st quarter. Wedmont Private Capital now owns 43,028 shares of the company’s stock worth $1,593,000 after buying an additional 278 shares during the last quarter. WealthPLAN Partners LLC grew its stake in SPDR Portfolio Emerging Markets ETF by 3.5% during the 1st quarter. WealthPLAN Partners LLC now owns 8,398 shares of the company’s stock worth $304,000 after buying an additional 282 shares during the last quarter. United Asset Strategies Inc. grew its stake in SPDR Portfolio Emerging Markets ETF by 4.1% during the 2nd quarter. United Asset Strategies Inc. now owns 7,507 shares of the company’s stock worth $283,000 after buying an additional 298 shares during the last quarter. Verus Capital Partners LLC boosted its position in SPDR Portfolio Emerging Markets ETF by 1.8% during the 1st quarter. Verus Capital Partners LLC now owns 17,201 shares of the company’s stock worth $623,000 after acquiring an additional 302 shares during the period. Finally, Epic Trust Investment Advisors LLC boosted its position in SPDR Portfolio Emerging Markets ETF by 3.4% during the 2nd quarter. Epic Trust Investment Advisors LLC now owns 9,367 shares of the company’s stock worth $353,000 after acquiring an additional 304 shares during the period.
SPDR Portfolio Emerging Markets ETF Stock Down 1.6 %
SPEM stock traded down $0.62 during trading on Friday, reaching $37.42. 979,585 shares of the company’s stock were exchanged, compared to its average volume of 1,579,567. SPDR Portfolio Emerging Markets ETF has a 1-year low of $32.06 and a 1-year high of $39.32. The company’s fifty day moving average price is $38.05 and its 200-day moving average price is $37.27. The firm has a market cap of $8.88 billion, a PE 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.
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