LPL Financial LLC Buys 1,758,866 Shares of SPDR Portfolio Emerging Markets ETF $SPEM

LPL Financial LLC boosted its stake in shares of SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) by 12.7% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 15,587,049 shares of the company’s stock after acquiring an additional 1,758,866 shares during the quarter. LPL Financial LLC’s holdings in SPDR Portfolio Emerging Markets ETF were worth $729,630,000 as of its most recent SEC filing.

A number of other institutional investors also recently bought and sold shares of SPEM. Allworth Financial LP lifted its position in SPDR Portfolio Emerging Markets ETF by 38.5% in the third quarter. Allworth Financial LP now owns 9,261,432 shares of the company’s stock worth $433,528,000 after buying an additional 2,572,333 shares during the last quarter. NorthRock Partners LLC lifted its position in SPDR Portfolio Emerging Markets ETF by 38,107.1% in the third quarter. NorthRock Partners LLC now owns 1,106,095 shares of the company’s stock worth $51,776,000 after buying an additional 1,103,200 shares during the last quarter. HighTower Advisors LLC lifted its position in SPDR Portfolio Emerging Markets ETF by 51.5% in the fourth quarter. HighTower Advisors LLC now owns 2,626,206 shares of the company’s stock worth $122,933,000 after buying an additional 893,023 shares during the last quarter. JPMorgan Chase & Co. lifted its position in SPDR Portfolio Emerging Markets ETF by 82.8% in the third quarter. JPMorgan Chase & Co. now owns 1,815,376 shares of the company’s stock worth $84,978,000 after buying an additional 822,327 shares during the last quarter. Finally, Bank of America Corp DE lifted its position in SPDR Portfolio Emerging Markets ETF by 54.2% in the third quarter. Bank of America Corp DE now owns 2,300,860 shares of the company’s stock worth $107,703,000 after buying an additional 809,020 shares during the last quarter.

SPDR Portfolio Emerging Markets ETF Price Performance

Shares of SPEM opened at $50.53 on Monday. The company has a market cap of $17.32 billion, a PE ratio of 15.39 and a beta of 0.60. The business has a fifty day moving average of $50.45 and a 200 day moving average of $48.96. SPDR Portfolio Emerging Markets ETF has a 52-week low of $40.83 and a 52-week high of $53.54.

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.