Quantitative Advantage LLC Makes New $4.76 Million Investment in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM)

Quantitative Advantage LLC acquired a new position in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) in the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 108,621 shares of the company’s stock, valued at approximately $4,755,000. Quantitative Advantage LLC owned 0.08% of SPDR Portfolio Emerging Markets ETF as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also recently modified their holdings of SPEM. LPL Financial LLC raised its position in shares of SPDR Portfolio Emerging Markets ETF by 87.8% in the fourth quarter. LPL Financial LLC now owns 2,264,383 shares of the company’s stock worth $95,466,000 after acquiring an additional 1,058,401 shares during the period. TD Ameritrade Investment Management LLC purchased a new stake in shares of SPDR Portfolio Emerging Markets ETF during the fourth quarter worth about $39,534,000. KWB Wealth purchased a new stake in shares of SPDR Portfolio Emerging Markets ETF during the fourth quarter worth about $31,169,000. Financial Engines Advisors L.L.C. increased its stake in shares of SPDR Portfolio Emerging Markets ETF by 37.0% during the fourth quarter. Financial Engines Advisors L.L.C. now owns 2,561,050 shares of the company’s stock worth $107,974,000 after purchasing an additional 691,901 shares in the last quarter. Finally, Wilbanks Smith & Thomas Asset Management LLC increased its stake in shares of SPDR Portfolio Emerging Markets ETF by 182.6% during the first quarter. Wilbanks Smith & Thomas Asset Management LLC now owns 1,036,103 shares of the company’s stock worth $45,361,000 after purchasing an additional 669,448 shares in the last quarter.

Shares of SPEM stock traded down $0.23 on Friday, reaching $46.00. 29,602 shares of the company were exchanged, compared to its average volume of 1,504,929. The firm has a 50-day moving average of $44.57. SPDR Portfolio Emerging Markets ETF has a 1 year low of $32.51 and a 1 year high of $47.56.

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Institutional Ownership by Quarter for SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM)

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