Western Wealth Management LLC Has $2.77 Million Position in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM)

Western Wealth Management LLC boosted its holdings in shares of SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) by 49.9% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 78,340 shares of the company’s stock after buying an additional 26,092 shares during the period. Western Wealth Management LLC’s holdings in SPDR Portfolio Emerging Markets ETF were worth $2,774,000 as of its most recent SEC filing.

Other institutional investors have also recently bought and sold shares of the company. Moneta Group Investment Advisors LLC raised its holdings in shares of SPDR Portfolio Emerging Markets ETF by 87,882.7% in the fourth quarter. Moneta Group Investment Advisors LLC now owns 203,176,699 shares of the company’s stock valued at $6,696,704,000 after buying an additional 202,945,771 shares during the last quarter. Creative Planning raised its holdings in SPDR Portfolio Emerging Markets ETF by 4.5% during the 3rd quarter. Creative Planning now owns 24,946,540 shares of the company’s stock worth $837,455,000 after purchasing an additional 1,075,145 shares during the last quarter. Financial Engines Advisors L.L.C. raised its holdings in SPDR Portfolio Emerging Markets ETF by 6.9% during the 3rd quarter. Financial Engines Advisors L.L.C. now owns 15,957,265 shares of the company’s stock worth $535,685,000 after purchasing an additional 1,034,877 shares during the last quarter. LPL Financial LLC raised its holdings in SPDR Portfolio Emerging Markets ETF by 2.5% during the 3rd quarter. LPL Financial LLC now owns 9,186,124 shares of the company’s stock worth $308,378,000 after purchasing an additional 223,449 shares during the last quarter. Finally, Allworth Financial LP raised its holdings in SPDR Portfolio Emerging Markets ETF by 2.5% during the 4th quarter. Allworth Financial LP now owns 5,948,847 shares of the company’s stock worth $210,649,000 after purchasing an additional 144,613 shares during the last quarter.

SPDR Portfolio Emerging Markets ETF Stock Performance

NYSEARCA:SPEM traded up $0.11 on Thursday, hitting $35.49. 1,114,541 shares of the stock were exchanged, compared to its average volume of 1,925,041. The stock has a market capitalization of $8.43 billion, a price-to-earnings ratio of 12.11 and a beta of 0.78. SPDR Portfolio Emerging Markets ETF has a 52 week low of $32.06 and a 52 week high of $37.06. The company’s 50-day moving average price is $35.86 and its 200 day moving average price is $34.77.

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.