Heritage Family Offices LLP Has $15.91 Million Holdings in SPDR Portfolio Emerging Markets ETF $SPEM

Heritage Family Offices LLP lowered its stake in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) by 9.3% during the fourth quarter, HoldingsChannel.com reports. The firm owned 339,952 shares of the company’s stock after selling 34,651 shares during the period. SPDR Portfolio Emerging Markets ETF makes up about 7.2% of Heritage Family Offices LLP’s holdings, making the stock its 2nd biggest holding. Heritage Family Offices LLP’s holdings in SPDR Portfolio Emerging Markets ETF were worth $15,913,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also made changes to their positions in SPEM. CWM LLC increased its holdings in SPDR Portfolio Emerging Markets ETF by 3.3% in the third quarter. CWM LLC now owns 2,263,731 shares of the company’s stock valued at $105,965,000 after purchasing an additional 73,219 shares during the last quarter. BlueStem Wealth Partners LLC boosted its holdings in SPDR Portfolio Emerging Markets ETF by 6.7% during the third quarter. BlueStem Wealth Partners LLC now owns 1,049,706 shares of the company’s stock worth $49,137,000 after buying an additional 65,492 shares during the last quarter. Farther Finance Advisors LLC grew its position in shares of SPDR Portfolio Emerging Markets ETF by 45.5% during the 3rd quarter. Farther Finance Advisors LLC now owns 58,564 shares of the company’s stock worth $2,741,000 after buying an additional 18,303 shares during the period. Cerity Partners LLC grew its position in shares of SPDR Portfolio Emerging Markets ETF by 0.7% during the 3rd quarter. Cerity Partners LLC now owns 2,688,945 shares of the company’s stock worth $125,869,000 after buying an additional 18,041 shares during the period. Finally, Axos Invest Inc. bought a new stake in shares of SPDR Portfolio Emerging Markets ETF in the 3rd quarter valued at about $1,471,000.

SPDR Portfolio Emerging Markets ETF Price Performance

Shares of SPEM stock opened at $46.19 on Wednesday. The stock has a market cap of $15.43 billion, a PE ratio of 15.39 and a beta of 0.56. The stock has a 50-day moving average of $49.07 and a 200-day moving average of $47.75. SPDR Portfolio Emerging Markets ETF has a one year low of $34.38 and a one year high of $51.35.

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.