Capital Wealth Management LLC Has $15.85 Million Stake in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM)

Capital Wealth Management LLC lifted its position in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) by 7.3% during the 4th quarter, HoldingsChannel reports. The firm owned 413,001 shares of the company’s stock after acquiring an additional 28,239 shares during the quarter. SPDR Portfolio Emerging Markets ETF accounts for about 6.8% of Capital Wealth Management LLC’s investment portfolio, making the stock its 5th largest holding. Capital Wealth Management LLC’s holdings in SPDR Portfolio Emerging Markets ETF were worth $15,847,000 at the end of the most recent quarter.

A number of other hedge funds also recently made changes to their positions in the company. LPL Financial LLC increased its stake in SPDR Portfolio Emerging Markets ETF by 5.2% in the 3rd quarter. LPL Financial LLC now owns 9,644,278 shares of the company’s stock worth $398,116,000 after acquiring an additional 476,292 shares during the last quarter. Allworth Financial LP boosted its position 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 acquiring an additional 67,205 shares during the last quarter. State Street Corp grew its holdings 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 valued at $259,668,000 after purchasing an additional 591,019 shares in the last quarter. Assetmark Inc. increased its position in SPDR Portfolio Emerging Markets ETF by 10.2% in the third quarter. Assetmark Inc. now owns 2,212,515 shares of the company’s stock worth $91,333,000 after purchasing an additional 204,960 shares during the last quarter. Finally, Townsquare Capital LLC raised its stake in SPDR Portfolio Emerging Markets ETF by 6.5% during the third quarter. Townsquare Capital LLC now owns 2,154,446 shares of the company’s stock valued at $88,936,000 after purchasing an additional 132,008 shares in the last quarter.

SPDR Portfolio Emerging Markets ETF Stock Up 0.9 %

SPEM stock opened at $38.26 on Monday. The company has a fifty day simple moving average of $39.09 and a two-hundred day simple moving average of $39.18. SPDR Portfolio Emerging Markets ETF has a 52 week low of $33.72 and a 52 week high of $42.88. The firm has a market capitalization of $9.08 billion, a P/E ratio of 13.05 and a beta of 0.81.

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.