5,405 Shares in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) Bought by True Vision MN LLC

True Vision MN LLC purchased a new stake in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) in the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund purchased 5,405 shares of the company’s stock, valued at approximately $223,000.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. LPL Financial LLC increased 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 valued at $398,116,000 after purchasing an additional 476,292 shares in the last quarter. Allworth Financial LP increased its position in shares of SPDR Portfolio Emerging Markets ETF by 1.1% during the third quarter. Allworth Financial LP now owns 6,297,465 shares of the company’s stock worth $259,959,000 after acquiring an additional 67,205 shares in the last quarter. Envestnet Asset Management Inc. increased its position in shares of SPDR Portfolio Emerging Markets ETF by 6.9% during the second quarter. Envestnet Asset Management Inc. now owns 4,995,049 shares of the company’s stock worth $188,164,000 after acquiring an additional 323,995 shares in the last quarter. Bank of New York Mellon Corp increased its position in shares of SPDR Portfolio Emerging Markets ETF by 1.4% during the second quarter. Bank of New York Mellon Corp now owns 2,283,140 shares of the company’s stock worth $86,006,000 after acquiring an additional 31,453 shares in the last quarter. Finally, Assetmark Inc. increased its position in shares of SPDR Portfolio Emerging Markets ETF by 10.2% during the third quarter. Assetmark Inc. now owns 2,212,515 shares of the company’s stock worth $91,333,000 after acquiring an additional 204,960 shares in the last quarter.

SPDR Portfolio Emerging Markets ETF Price Performance

Shares of NYSEARCA:SPEM traded up $0.30 during midday trading on Wednesday, hitting $39.42. 44,655 shares of the company’s stock were exchanged, compared to its average volume of 1,586,348. The stock has a 50 day moving average price of $40.52 and a 200-day moving average price of $38.89. The company has a market cap of $9.36 billion, a PE ratio of 13.05 and a beta of 0.81. SPDR Portfolio Emerging Markets ETF has a 12 month low of $33.52 and a 12 month 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.