Fifth Third Securities Inc. Buys 2,713 Shares of SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM)

Fifth Third Securities Inc. lifted its stake in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) by 6.2% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 46,769 shares of the company’s stock after buying an additional 2,713 shares during the period. Fifth Third Securities Inc.’s holdings in SPDR Portfolio Emerging Markets ETF were worth $1,795,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently modified their holdings of the stock. LPL Financial LLC increased its position in shares of SPDR Portfolio Emerging Markets ETF by 5.2% in the third quarter. LPL Financial LLC now owns 9,644,278 shares of the company’s stock valued at $398,116,000 after acquiring an additional 476,292 shares during the period. Allworth Financial LP grew its stake in shares of 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 last quarter. State Street Corp increased its holdings in SPDR Portfolio Emerging Markets ETF by 10.4% during the 3rd quarter. State Street Corp now owns 6,290,419 shares of the company’s stock valued at $259,668,000 after purchasing an additional 591,019 shares during the period. Assetmark Inc. raised its position in SPDR Portfolio Emerging Markets ETF by 10.2% during the 3rd quarter. Assetmark Inc. now owns 2,212,515 shares of the company’s stock valued at $91,333,000 after purchasing an additional 204,960 shares during the last quarter. Finally, Townsquare Capital LLC lifted its holdings in SPDR Portfolio Emerging Markets ETF by 6.5% in the 3rd quarter. Townsquare Capital LLC now owns 2,154,446 shares of the company’s stock worth $88,936,000 after buying an additional 132,008 shares during the period.

SPDR Portfolio Emerging Markets ETF Stock Performance

SPEM opened at $38.73 on Friday. The stock has a market capitalization of $9.19 billion, a PE ratio of 13.05 and a beta of 0.81. The stock’s 50 day moving average price is $38.94 and its 200-day moving average price is $39.17. SPDR Portfolio Emerging Markets ETF has a 52-week low of $33.94 and a 52-week high of $42.88.

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.