Vestmark Advisory Solutions Inc. Boosts Stock Holdings in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM)

Vestmark Advisory Solutions Inc. increased its position in shares of SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) by 18.2% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 94,955 shares of the company’s stock after buying an additional 14,600 shares during the period. Vestmark Advisory Solutions Inc.’s holdings in SPDR Portfolio Emerging Markets ETF were worth $3,362,000 as of its most recent filing with the SEC.

Other hedge funds have also recently added to or reduced their stakes in the company. Anchor Investment Management LLC purchased a new stake in shares of SPDR Portfolio Emerging Markets ETF during the 4th quarter worth about $28,000. Carmichael Hill & Associates Inc. purchased a new position in SPDR Portfolio Emerging Markets ETF during the third quarter worth approximately $32,000. FinTrust Capital Advisors LLC acquired a new stake in SPDR Portfolio Emerging Markets ETF in the third quarter valued at approximately $36,000. NBC Securities Inc. purchased a new stake in shares of SPDR Portfolio Emerging Markets ETF in the third quarter valued at approximately $50,000. Finally, Tsfg LLC acquired a new position in shares of SPDR Portfolio Emerging Markets ETF during the 4th quarter worth approximately $70,000.

SPDR Portfolio Emerging Markets ETF Stock Performance

Shares of NYSEARCA:SPEM traded up $0.27 during midday trading on Friday, reaching $37.63. 1,070,684 shares of the company’s stock traded hands, compared to its average volume of 1,883,514. The company has a fifty day simple moving average of $36.14 and a two-hundred day simple moving average of $35.00. SPDR Portfolio Emerging Markets ETF has a 1 year low of $32.06 and a 1 year high of $37.65. The company has a market cap of $8.93 billion, a P/E ratio of 12.30 and a beta of 0.79.

SPDR Portfolio Emerging Markets ETF 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.