Allworth Financial LP Grows Position in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM)

Allworth Financial LP grew its holdings in shares of SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) by 1.1% during the third quarter, according to the company in its most recent disclosure with the SEC. The fund owned 6,297,465 shares of the company’s stock after buying an additional 67,205 shares during the quarter. SPDR Portfolio Emerging Markets ETF accounts for about 1.6% of Allworth Financial LP’s investment portfolio, making the stock its 11th biggest position. Allworth Financial LP’s holdings in SPDR Portfolio Emerging Markets ETF were worth $259,959,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently modified their holdings of SPEM. PNC Financial Services Group Inc. grew its holdings in SPDR Portfolio Emerging Markets ETF by 19.9% in the fourth quarter. PNC Financial Services Group Inc. now owns 3,990 shares of the company’s stock worth $141,000 after purchasing an additional 661 shares during the last quarter. Kingswood Wealth Advisors LLC acquired a new position in SPDR Portfolio Emerging Markets ETF in the 1st quarter worth approximately $340,000. Vicus Capital raised its holdings in shares of SPDR Portfolio Emerging Markets ETF by 5.3% during the first quarter. Vicus Capital now owns 12,954 shares of the company’s stock worth $469,000 after purchasing an additional 657 shares during the last quarter. Kathleen S. Wright Associates Inc. raised its stake in shares of SPDR Portfolio Emerging Markets ETF by 1.3% during the 1st quarter. Kathleen S. Wright Associates Inc. now owns 50,650 shares of the company’s stock valued at $1,833,000 after buying an additional 644 shares during the last quarter. Finally, Guidance Capital Inc. purchased a new position in shares of SPDR Portfolio Emerging Markets ETF during the 1st quarter valued at approximately $765,000.

SPDR Portfolio Emerging Markets ETF Stock Performance

SPEM stock opened at $40.60 on Friday. SPDR Portfolio Emerging Markets ETF has a one year low of $32.16 and a one year high of $42.88. The firm’s fifty day moving average is $39.80 and its 200 day moving average is $38.34. The firm has a market cap of $9.64 billion, a PE ratio of 13.05 and a beta of 0.81.

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.