SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) Position Boosted by Diversified Enterprises LLC

Diversified Enterprises LLC grew its holdings in shares of SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) by 8.6% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 20,532 shares of the company’s stock after purchasing an additional 1,621 shares during the period. Diversified Enterprises LLC’s holdings in SPDR Portfolio Emerging Markets ETF were worth $788,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors also recently made changes to their positions in the business. LPL Financial LLC boosted its holdings in shares of SPDR Portfolio Emerging Markets ETF by 5.2% in the third quarter. LPL Financial LLC now owns 9,644,278 shares of the company’s stock worth $398,116,000 after buying an additional 476,292 shares during the period. Allworth Financial LP lifted its position in shares of SPDR Portfolio Emerging Markets ETF by 3.0% in the fourth quarter. Allworth Financial LP now owns 6,486,557 shares of the company’s stock worth $250,381,000 after purchasing an additional 189,092 shares in the last quarter. State Street Corp lifted its position in shares of SPDR Portfolio Emerging Markets ETF by 10.4% in the third quarter. State Street Corp now owns 6,290,419 shares of the company’s stock worth $259,668,000 after purchasing an additional 591,019 shares in the last quarter. Bank of New York Mellon Corp lifted its position in shares of SPDR Portfolio Emerging Markets ETF by 37.9% in the fourth quarter. Bank of New York Mellon Corp now owns 2,694,747 shares of the company’s stock worth $103,397,000 after purchasing an additional 740,980 shares in the last quarter. Finally, Townsquare Capital LLC lifted its position in shares of SPDR Portfolio Emerging Markets ETF by 6.5% in the third quarter. Townsquare Capital LLC now owns 2,154,446 shares of the company’s stock worth $88,936,000 after purchasing an additional 132,008 shares in the last quarter.

SPDR Portfolio Emerging Markets ETF Price Performance

NYSEARCA SPEM opened at $40.08 on Friday. The company has a 50 day simple moving average of $39.04 and a 200-day simple moving average of $39.53. The firm has a market capitalization of $10.60 billion, a price-to-earnings ratio of 14.80 and a beta of 0.67. SPDR Portfolio Emerging Markets ETF has a 52-week low of $35.00 and a 52-week high of $42.88.

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.