Tortoise Investment Management LLC Has $15.62 Million Stock Holdings in SPDR Portfolio Emerging Markets ETF $SPEM

Tortoise Investment Management LLC increased its holdings in shares of SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) by 4.0% in the 4th quarter, according to its most recent filing with the SEC. The fund owned 333,685 shares of the company’s stock after purchasing an additional 12,716 shares during the period. SPDR Portfolio Emerging Markets ETF makes up approximately 1.4% of Tortoise Investment Management LLC’s holdings, making the stock its 20th largest position. Tortoise Investment Management LLC’s holdings in SPDR Portfolio Emerging Markets ETF were worth $15,620,000 at the end of the most recent quarter.

Several other large investors have also made changes to their positions in the business. Allworth Financial LP lifted its position in shares of SPDR Portfolio Emerging Markets ETF by 1.0% during the 4th quarter. Allworth Financial LP now owns 9,355,461 shares of the company’s stock worth $437,929,000 after purchasing an additional 94,029 shares during the last quarter. Envestnet Asset Management Inc. increased its stake in SPDR Portfolio Emerging Markets ETF by 7.1% during the third quarter. Envestnet Asset Management Inc. now owns 6,946,967 shares of the company’s stock valued at $325,188,000 after acquiring an additional 462,591 shares during the period. Ameriprise Financial Inc. increased its stake in SPDR Portfolio Emerging Markets ETF by 5.5% during the second quarter. Ameriprise Financial Inc. now owns 5,339,952 shares of the company’s stock valued at $228,232,000 after acquiring an additional 279,126 shares during the period. Northwestern Mutual Wealth Management Co. increased its stake in SPDR Portfolio Emerging Markets ETF by 3.7% during the third quarter. Northwestern Mutual Wealth Management Co. now owns 3,503,688 shares of the company’s stock valued at $164,008,000 after acquiring an additional 123,404 shares during the period. Finally, 3EDGE Asset Management LP increased its stake in SPDR Portfolio Emerging Markets ETF by 1.7% during the third quarter. 3EDGE Asset Management LP now owns 3,235,624 shares of the company’s stock valued at $151,402,000 after acquiring an additional 53,100 shares during the period.

SPDR Portfolio Emerging Markets ETF Stock Up 0.2%

Shares of SPEM opened at $50.93 on Tuesday. SPDR Portfolio Emerging Markets ETF has a 12-month low of $40.67 and a 12-month high of $53.03. The firm has a market capitalization of $17.46 billion, a price-to-earnings ratio of 15.39 and a beta of 0.60. The stock’s 50-day moving average price is $49.13 and its 200 day moving average price is $48.53.

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.