Abound Wealth Management Buys 2,761 Shares of SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM)

Abound Wealth Management grew its stake in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) by 420.2% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 3,418 shares of the company’s stock after acquiring an additional 2,761 shares during the quarter. Abound Wealth Management’s holdings in SPDR Portfolio Emerging Markets ETF were worth $131,000 at the end of the most recent quarter.

Other institutional investors have also recently modified their holdings of the company. State Street Corp boosted its stake in SPDR Portfolio Emerging Markets ETF by 10.4% in the 3rd quarter. State Street Corp now owns 6,290,419 shares of the company’s stock worth $259,668,000 after purchasing an additional 591,019 shares in the last quarter. LPL Financial LLC grew its holdings in shares of SPDR Portfolio Emerging Markets ETF by 5.2% during the third quarter. LPL Financial LLC now owns 9,644,278 shares of the company’s stock valued at $398,116,000 after buying an additional 476,292 shares during the last quarter. Thrivent Financial for Lutherans raised its holdings in SPDR Portfolio Emerging Markets ETF by 71.4% in the 2nd quarter. Thrivent Financial for Lutherans now owns 920,076 shares of the company’s stock worth $34,659,000 after acquiring an additional 383,320 shares during the last quarter. Envestnet Asset Management Inc. lifted its position 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 valued at $188,164,000 after acquiring an additional 323,995 shares in the last quarter. Finally, Tidal Investments LLC purchased a new stake in SPDR Portfolio Emerging Markets ETF during the 3rd quarter valued at $13,246,000.

SPDR Portfolio Emerging Markets ETF Stock Down 0.8 %

Shares of SPDR Portfolio Emerging Markets ETF stock traded down $0.30 on Monday, reaching $37.04. The company’s stock had a trading volume of 3,180,192 shares, compared to its average volume of 2,056,969. The company has a market capitalization of $8.79 billion, a price-to-earnings ratio of 13.05 and a beta of 0.81. SPDR Portfolio Emerging Markets ETF has a 52 week low of $33.52 and a 52 week high of $42.88. The firm’s fifty day simple moving average is $39.39 and its two-hundred day simple moving average is $39.18.

SPDR Portfolio Emerging Markets ETF Company 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.