WealthPlan Investment Management LLC Takes $347,000 Position in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM)

WealthPlan Investment Management LLC bought a new position in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) in the 3rd quarter, Holdings Channel reports. The fund bought 8,404 shares of the company’s stock, valued at approximately $347,000.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. LPL Financial LLC boosted its holdings in SPDR Portfolio Emerging Markets ETF by 2.4% in the 2nd quarter. LPL Financial LLC now owns 9,167,986 shares of the company’s stock worth $345,358,000 after buying an additional 218,418 shares during the period. Allworth Financial LP raised its stake in SPDR Portfolio Emerging Markets ETF by 1.1% during the 3rd quarter. Allworth Financial LP now owns 6,297,465 shares of the company’s stock valued at $259,959,000 after purchasing an additional 67,205 shares during the period. TIAA Trust National Association lifted its holdings in SPDR Portfolio Emerging Markets ETF by 6.1% in the 1st quarter. TIAA Trust National Association now owns 5,419,849 shares of the company’s stock worth $196,144,000 after purchasing an additional 312,818 shares in the last quarter. Envestnet Asset Management Inc. lifted its holdings in SPDR Portfolio Emerging Markets ETF by 6.9% in the 2nd quarter. Envestnet Asset Management Inc. now owns 4,995,049 shares of the company’s stock worth $188,164,000 after purchasing an additional 323,995 shares in the last quarter. Finally, Jane Street Group LLC boosted its stake in SPDR Portfolio Emerging Markets ETF by 44.4% in the 1st quarter. Jane Street Group LLC now owns 2,431,196 shares of the company’s stock worth $87,985,000 after purchasing an additional 747,277 shares during the period.

SPDR Portfolio Emerging Markets ETF Price Performance

SPDR Portfolio Emerging Markets ETF stock opened at $39.62 on Wednesday. SPDR Portfolio Emerging Markets ETF has a 1 year low of $33.52 and a 1 year high of $42.88. The firm’s 50 day moving average price is $40.24 and its 200-day moving average price is $38.73. The stock has a market cap of $9.41 billion, a P/E 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.