World Investment Advisors LLC Raises Stock Position in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM)

World Investment Advisors LLC raised its stake in shares of SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) by 62.4% during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 13,583 shares of the company’s stock after purchasing an additional 5,217 shares during the quarter. World Investment Advisors LLC’s holdings in SPDR Portfolio Emerging Markets ETF were worth $561,000 at the end of the most recent reporting period.

A number of other hedge funds have also added to or reduced their stakes in the stock. LPL Financial LLC increased its position in SPDR Portfolio Emerging Markets ETF by 5.2% during the 3rd quarter. LPL Financial LLC now owns 9,644,278 shares of the company’s stock valued at $398,116,000 after purchasing an additional 476,292 shares during the period. Allworth Financial LP boosted its holdings in shares of SPDR Portfolio Emerging Markets ETF by 1.1% during the 3rd quarter. Allworth Financial LP now owns 6,297,465 shares of the company’s stock valued at $259,959,000 after buying an additional 67,205 shares in the last quarter. State Street Corp boosted its holdings in shares of SPDR Portfolio Emerging Markets ETF by 10.4% during the 3rd quarter. State Street Corp now owns 6,290,419 shares of the company’s stock valued at $259,668,000 after buying an additional 591,019 shares in the last quarter. Envestnet Asset Management Inc. boosted its holdings in shares of SPDR Portfolio Emerging Markets ETF by 6.9% during the 2nd quarter. Envestnet Asset Management Inc. now owns 4,995,049 shares of the company’s stock valued at $188,164,000 after buying an additional 323,995 shares in the last quarter. Finally, Bank of New York Mellon Corp boosted its holdings in shares of SPDR Portfolio Emerging Markets ETF by 1.4% during the 2nd quarter. Bank of New York Mellon Corp now owns 2,283,140 shares of the company’s stock valued at $86,006,000 after buying an additional 31,453 shares in the last quarter.

SPDR Portfolio Emerging Markets ETF Trading Down 0.2 %

Shares of SPEM stock opened at $39.86 on Wednesday. SPDR Portfolio Emerging Markets ETF has a 12 month low of $33.52 and a 12 month high of $42.88. The stock has a market cap of $9.46 billion, a PE ratio of 13.05 and a beta of 0.81. The company’s fifty day moving average price is $40.22 and its 200-day moving average price is $39.09.

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.