Landmark Wealth Management Inc. Boosts Position in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM)

Landmark Wealth Management Inc. boosted its position in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) by 2.6% in the 4th quarter, Holdings Channel reports. The institutional investor owned 265,297 shares of the company’s stock after purchasing an additional 6,714 shares during the period. SPDR Portfolio Emerging Markets ETF comprises approximately 5.0% of Landmark Wealth Management Inc.’s investment portfolio, making the stock its 6th largest position. Landmark Wealth Management Inc.’s holdings in SPDR Portfolio Emerging Markets ETF were worth $10,179,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also bought and sold shares of SPEM. State Street Corp boosted its stake in SPDR Portfolio Emerging Markets ETF by 10.4% in the third quarter. State Street Corp now owns 6,290,419 shares of the company’s stock worth $259,668,000 after buying an additional 591,019 shares in the last quarter. LPL Financial LLC boosted its stake in 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 worth $398,116,000 after buying an additional 476,292 shares in the last quarter. Tidal Investments LLC purchased a new stake in SPDR Portfolio Emerging Markets ETF in the third quarter worth approximately $13,246,000. Onyx Bridge Wealth Group LLC boosted its stake in SPDR Portfolio Emerging Markets ETF by 694.6% in the fourth quarter. Onyx Bridge Wealth Group LLC now owns 264,312 shares of the company’s stock worth $10,142,000 after buying an additional 231,050 shares in the last quarter. Finally, Assetmark Inc. boosted its stake in SPDR Portfolio Emerging Markets ETF by 10.2% in the third quarter. Assetmark Inc. now owns 2,212,515 shares of the company’s stock worth $91,333,000 after buying an additional 204,960 shares in the last quarter.

SPDR Portfolio Emerging Markets ETF Price Performance

Shares of SPEM opened at $39.17 on Friday. The firm has a market cap of $9.30 billion, a P/E ratio of 13.05 and a beta of 0.81. The stock has a 50 day simple moving average of $38.91 and a two-hundred day simple moving average of $39.18. SPDR Portfolio Emerging Markets ETF has a 1 year low of $34.30 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.