Collier Financial Makes New $4.76 Million Investment in SPDR Portfolio Emerging Markets ETF $SPEM

Collier Financial acquired a new stake in shares of SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) during the 3rd quarter, according to its most recent filing with the SEC. The institutional investor acquired 101,609 shares of the company’s stock, valued at approximately $4,756,000. SPDR Portfolio Emerging Markets ETF comprises approximately 3.6% of Collier Financial’s investment portfolio, making the stock its 8th biggest position.

A number of other large investors also recently modified their holdings of SPEM. Charles Schwab Investment Management Inc. grew its position in SPDR Portfolio Emerging Markets ETF by 6,487.0% during the second quarter. Charles Schwab Investment Management Inc. now owns 10,916,062 shares of the company’s stock valued at $466,552,000 after acquiring an additional 10,750,340 shares during the last quarter. Vantagepoint Investment Advisers LLC bought a new position in shares of SPDR Portfolio Emerging Markets ETF during the 3rd quarter valued at $128,313,000. 3EDGE Asset Management LP raised its position in SPDR Portfolio Emerging Markets ETF by 309.6% in the 2nd quarter. 3EDGE Asset Management LP now owns 3,182,524 shares of the company’s stock worth $135,997,000 after purchasing an additional 2,405,474 shares during the period. Betterment LLC lifted its stake in SPDR Portfolio Emerging Markets ETF by 124.5% in the second quarter. Betterment LLC now owns 1,824,389 shares of the company’s stock worth $77,974,000 after purchasing an additional 1,011,871 shares during the last quarter. Finally, Cassaday & Co Wealth Management LLC boosted its position in SPDR Portfolio Emerging Markets ETF by 686.2% during the second quarter. Cassaday & Co Wealth Management LLC now owns 1,141,575 shares of the company’s stock valued at $48,791,000 after buying an additional 996,366 shares during the period.

SPDR Portfolio Emerging Markets ETF Trading Up 2.1%

SPEM opened at $49.91 on Friday. The company has a market cap of $16.67 billion, a P/E ratio of 15.39 and a beta of 0.56. The business’s 50-day moving average price is $47.96 and its 200-day moving average price is $46.64. SPDR Portfolio Emerging Markets ETF has a 12 month low of $34.38 and a 12 month high of $50.58.

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.