Fonville Wealth Management LLC Buys 13,602 Shares of SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM)

Fonville Wealth Management LLC boosted its position in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) by 14.2% during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 109,597 shares of the company’s stock after acquiring an additional 13,602 shares during the quarter. SPDR Portfolio Emerging Markets ETF accounts for approximately 1.6% of Fonville Wealth Management LLC’s portfolio, making the stock its 24th largest holding. Fonville Wealth Management LLC’s holdings in SPDR Portfolio Emerging Markets ETF were worth $4,524,000 at the end of the most recent reporting period.

Other large investors have also added to or reduced their stakes in the company. LPL Financial LLC raised its holdings in shares of SPDR Portfolio Emerging Markets ETF by 2.4% during the 2nd quarter. LPL Financial LLC now owns 9,167,986 shares of the company’s stock valued at $345,358,000 after buying an additional 218,418 shares in the last quarter. Allworth Financial LP raised its stake in shares of SPDR Portfolio Emerging Markets ETF by 1.1% during the third quarter. Allworth Financial LP now owns 6,297,465 shares of the company’s stock worth $259,959,000 after acquiring an additional 67,205 shares in the last quarter. TIAA Trust National Association raised its stake in shares of SPDR Portfolio Emerging Markets ETF by 6.1% during the first quarter. TIAA Trust National Association now owns 5,419,849 shares of the company’s stock worth $196,144,000 after acquiring an additional 312,818 shares in the last quarter. Envestnet Asset Management Inc. lifted its holdings in shares of SPDR Portfolio Emerging Markets ETF by 6.9% in the 2nd quarter. Envestnet Asset Management Inc. now owns 4,995,049 shares of the company’s stock worth $188,164,000 after acquiring an additional 323,995 shares during the last quarter. Finally, Jane Street Group LLC boosted its stake in shares of SPDR Portfolio Emerging Markets ETF by 44.4% in the 1st quarter. Jane Street Group LLC now owns 2,431,196 shares of the company’s stock valued at $87,985,000 after purchasing an additional 747,277 shares in the last quarter.

SPDR Portfolio Emerging Markets ETF Stock Performance

NYSEARCA:SPEM traded up $0.22 during trading hours on Friday, reaching $40.43. The company’s stock had a trading volume of 314,776 shares, compared to its average volume of 1,579,648. The firm has a market capitalization of $9.60 billion, a price-to-earnings ratio of 13.05 and a beta of 0.81. The firm has a 50-day simple moving average of $39.95 and a 200-day simple moving average of $38.45. SPDR Portfolio Emerging Markets ETF has a 1 year low of $32.99 and a 1 year high of $42.88.

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.