Fernwood Investment Management LLC Buys Shares of 7,868 SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM)

Fernwood Investment Management LLC bought a new stake in shares of SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) in the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor bought 7,868 shares of the company’s stock, valued at approximately $282,000.

A number of other hedge funds have also made changes to their positions in the business. Wells Fargo & Company MN increased its holdings in SPDR Portfolio Emerging Markets ETF by 123.1% during the first quarter. Wells Fargo & Company MN now owns 2,084,530 shares of the company’s stock valued at $74,543,000 after buying an additional 1,150,264 shares during the last quarter. Hanson McClain Inc. increased its stake in shares of SPDR Portfolio Emerging Markets ETF by 4.4% in the second quarter. Hanson McClain Inc. now owns 1,713,158 shares of the company’s stock worth $61,314,000 after purchasing an additional 72,496 shares in the last quarter. Gradient Investments LLC increased its stake in shares of SPDR Portfolio Emerging Markets ETF by 16.1% in the second quarter. Gradient Investments LLC now owns 1,397,312 shares of the company’s stock worth $50,010,000 after purchasing an additional 194,265 shares in the last quarter. CLS Investments LLC increased its stake in shares of SPDR Portfolio Emerging Markets ETF by 0.4% in the first quarter. CLS Investments LLC now owns 1,144,723 shares of the company’s stock worth $40,935,000 after purchasing an additional 4,004 shares in the last quarter. Finally, Envestnet Asset Management Inc. increased its stake in shares of SPDR Portfolio Emerging Markets ETF by 106.2% in the first quarter. Envestnet Asset Management Inc. now owns 1,097,552 shares of the company’s stock worth $39,248,000 after purchasing an additional 565,287 shares in the last quarter.

Shares of NYSEARCA SPEM traded up $0.16 during midday trading on Thursday, reaching $32.87. The stock had a trading volume of 129,596 shares, compared to its average volume of 816,755. The business’s 50-day simple moving average is $35.29. SPDR Portfolio Emerging Markets ETF has a 12-month low of $30.94 and a 12-month high of $37.05.

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Institutional Ownership by Quarter for SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM)

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