Leicht Financial Planning & Wealth Management Inc. Boosts Stock Position in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM)

Leicht Financial Planning & Wealth Management Inc. boosted its stake in shares of SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) by 2.3% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 126,216 shares of the company’s stock after purchasing an additional 2,817 shares during the quarter. SPDR Portfolio Emerging Markets ETF comprises approximately 2.6% of Leicht Financial Planning & Wealth Management Inc.’s investment portfolio, making the stock its 10th biggest position. Leicht Financial Planning & Wealth Management Inc. owned about 0.05% of SPDR Portfolio Emerging Markets ETF worth $5,210,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently modified their holdings of SPEM. LPL Financial LLC grew its position in shares of SPDR Portfolio Emerging Markets ETF by 2.4% in the second quarter. LPL Financial LLC now owns 9,167,986 shares of the company’s stock valued at $345,358,000 after purchasing an additional 218,418 shares during the last quarter. TIAA Trust National Association grew its holdings in SPDR Portfolio Emerging Markets ETF by 6.1% in the 1st quarter. TIAA Trust National Association now owns 5,419,849 shares of the company’s stock valued at $196,144,000 after buying an additional 312,818 shares in the last quarter. Envestnet Asset Management Inc. increased its position in SPDR Portfolio Emerging Markets ETF by 6.9% during the 2nd quarter. Envestnet Asset Management Inc. now owns 4,995,049 shares of the company’s stock worth $188,164,000 after buying an additional 323,995 shares during the period. Jane Street Group LLC lifted its holdings in shares of SPDR Portfolio Emerging Markets ETF by 44.4% during the first quarter. Jane Street Group LLC now owns 2,431,196 shares of the company’s stock worth $87,985,000 after buying an additional 747,277 shares in the last quarter. Finally, Bank of New York Mellon Corp boosted its position in shares of SPDR Portfolio Emerging Markets ETF by 1.4% in the second quarter. Bank of New York Mellon Corp now owns 2,283,140 shares of the company’s stock valued at $86,006,000 after acquiring an additional 31,453 shares during the period.

SPDR Portfolio Emerging Markets ETF Stock Performance

SPEM stock opened at $40.90 on Thursday. SPDR Portfolio Emerging Markets ETF has a 52 week low of $32.06 and a 52 week high of $42.88. The company has a market capitalization of $9.71 billion, a PE ratio of 13.05 and a beta of 0.81. The company’s 50-day simple moving average is $39.38 and its 200 day simple moving average is $38.14.

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.