SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) Shares Purchased by Raymond James Financial Services Advisors Inc.

Raymond James Financial Services Advisors Inc. grew its position in shares of SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) by 83.8% in the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 1,579,201 shares of the company’s stock after acquiring an additional 719,833 shares during the quarter. Raymond James Financial Services Advisors Inc.’s holdings in SPDR Portfolio Emerging Markets ETF were worth $59,488,000 as of its most recent filing with the SEC.

Other institutional investors have also modified their holdings of the company. Cetera Investment Advisers boosted its position in SPDR Portfolio Emerging Markets ETF by 282.1% during the 1st quarter. Cetera Investment Advisers now owns 1,380,536 shares of the company’s stock worth $49,962,000 after acquiring an additional 1,019,272 shares during the period. Jane Street Group LLC increased its stake in SPDR Portfolio Emerging Markets ETF by 44.4% during the 1st quarter. Jane Street Group LLC now owns 2,431,196 shares of the company’s stock valued at $87,985,000 after buying an additional 747,277 shares during the period. Wells Fargo & Company MN raised its position in shares of SPDR Portfolio Emerging Markets ETF by 38.2% during the 4th quarter. Wells Fargo & Company MN now owns 2,491,923 shares of the company’s stock worth $88,239,000 after buying an additional 688,304 shares in the last quarter. Creative Planning lifted its stake in shares of SPDR Portfolio Emerging Markets ETF by 2.0% in the 4th quarter. Creative Planning now owns 25,451,348 shares of the company’s stock worth $901,232,000 after acquiring an additional 504,808 shares during the period. Finally, Heritage Wealth Management LLC acquired a new position in shares of SPDR Portfolio Emerging Markets ETF during the fourth quarter valued at approximately $16,842,000.

SPDR Portfolio Emerging Markets ETF Stock Up 1.0 %

SPEM traded up $0.39 during trading on Monday, reaching $38.90. The stock had a trading volume of 1,824,988 shares, compared to its average volume of 1,608,277. SPDR Portfolio Emerging Markets ETF has a 1-year low of $32.06 and a 1-year high of $39.32. The firm has a market capitalization of $9.23 billion, a price-to-earnings ratio of 13.05 and a beta of 0.81. The stock has a 50 day moving average of $37.92 and a two-hundred day moving average of $36.96.

SPDR Portfolio Emerging Markets ETF 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.