HighTower Advisors LLC boosted its position in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM – Free Report) by 0.6% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 1,125,455 shares of the company’s stock after buying an additional 6,614 shares during the quarter. HighTower Advisors LLC owned approximately 0.47% of SPDR Portfolio Emerging Markets ETF worth $43,184,000 at the end of the most recent quarter.
Other institutional investors also recently made changes to their positions in the company. Compass Planning Associates Inc bought a new position in shares of SPDR Portfolio Emerging Markets ETF during the fourth quarter valued at approximately $28,000. Archer Investment Corp acquired a new stake in SPDR Portfolio Emerging Markets ETF in the third quarter worth approximately $39,000. Strategic Wealth Investment Group LLC acquired a new stake in SPDR Portfolio Emerging Markets ETF in the fourth quarter worth approximately $46,000. Rialto Wealth Management LLC acquired a new stake in SPDR Portfolio Emerging Markets ETF in the fourth quarter worth approximately $60,000. Finally, SBI Securities Co. Ltd. acquired a new stake in shares of SPDR Portfolio Emerging Markets ETF during the 4th quarter valued at $64,000.
SPDR Portfolio Emerging Markets ETF Stock Performance
Shares of NYSEARCA:SPEM opened at $39.35 on Friday. SPDR Portfolio Emerging Markets ETF has a one year low of $35.00 and a one year high of $42.88. The stock has a fifty day moving average of $39.00 and a 200-day moving average of $39.52. The company has a market capitalization of $10.40 billion, a PE ratio of 14.80 and a beta of 0.67.
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.
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