SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) Stock Position Lifted by Beacon Financial Group

Beacon Financial Group lifted its position in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) by 4.4% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 12,814 shares of the company’s stock after acquiring an additional 535 shares during the quarter. Beacon Financial Group’s holdings in SPDR Portfolio Emerging Markets ETF were worth $492,000 as of its most recent SEC filing.

Other institutional investors have also made changes to their positions in the company. LPL Financial LLC lifted its stake in SPDR Portfolio Emerging Markets ETF by 5.2% during the third quarter. LPL Financial LLC now owns 9,644,278 shares of the company’s stock worth $398,116,000 after purchasing an additional 476,292 shares during the last quarter. Allworth Financial LP lifted its position in shares of SPDR Portfolio Emerging Markets ETF by 1.1% in the 3rd quarter. Allworth Financial LP now owns 6,297,465 shares of the company’s stock worth $259,959,000 after buying an additional 67,205 shares during the last quarter. State Street Corp boosted its holdings in shares of SPDR Portfolio Emerging Markets ETF by 10.4% in the 3rd quarter. State Street Corp now owns 6,290,419 shares of the company’s stock valued at $259,668,000 after buying an additional 591,019 shares during the period. Assetmark Inc. grew its position in shares of 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 buying an additional 204,960 shares during the last quarter. Finally, Townsquare Capital LLC grew its position in shares of SPDR Portfolio Emerging Markets ETF by 6.5% during the 3rd quarter. Townsquare Capital LLC now owns 2,154,446 shares of the company’s stock valued at $88,936,000 after buying an additional 132,008 shares during the last quarter.

SPDR Portfolio Emerging Markets ETF Stock Up 0.6 %

Shares of NYSEARCA SPEM opened at $39.61 on Thursday. The firm’s 50-day moving average price is $38.90 and its two-hundred day moving average price is $39.24. SPDR Portfolio Emerging Markets ETF has a 52-week low of $34.30 and a 52-week high of $42.88. The stock has a market capitalization of $9.40 billion, a P/E ratio of 13.05 and a beta of 0.81.

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.