Clearwater Capital Advisors LLC Has $3.39 Million Stock Holdings in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM)

Clearwater Capital Advisors LLC grew its position in shares of SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) by 28.2% during the 4th quarter, Holdings Channel reports. The institutional investor owned 88,403 shares of the company’s stock after buying an additional 19,446 shares during the quarter. Clearwater Capital Advisors LLC’s holdings in SPDR Portfolio Emerging Markets ETF were worth $3,392,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors also recently modified their holdings of the company. Parallel Advisors LLC increased its position in SPDR Portfolio Emerging Markets ETF by 83.3% during the fourth quarter. Parallel Advisors LLC now owns 96,316 shares of the company’s stock worth $3,696,000 after acquiring an additional 43,757 shares during the period. Creative Financial Designs Inc. ADV grew its position in shares of SPDR Portfolio Emerging Markets ETF by 7.7% during the 4th quarter. Creative Financial Designs Inc. ADV now owns 117,081 shares of the company’s stock worth $4,492,000 after purchasing an additional 8,406 shares in the last quarter. IMG Wealth Management Inc. acquired a new position in shares of SPDR Portfolio Emerging Markets ETF during the 4th quarter worth approximately $27,000. Harbour Investments Inc. increased its holdings in shares of SPDR Portfolio Emerging Markets ETF by 3.1% during the fourth quarter. Harbour Investments Inc. now owns 209,166 shares of the company’s stock worth $8,026,000 after purchasing an additional 6,216 shares during the period. Finally, Envestnet Portfolio Solutions Inc. raised its position in shares of SPDR Portfolio Emerging Markets ETF by 13.4% in the fourth quarter. Envestnet Portfolio Solutions Inc. now owns 2,314,948 shares of the company’s stock valued at $88,825,000 after buying an additional 274,079 shares in the last quarter.

SPDR Portfolio Emerging Markets ETF Trading Up 1.9 %

Shares of SPEM stock opened at $40.08 on Monday. The stock has a 50 day simple moving average of $39.04 and a 200 day simple moving average of $39.54. SPDR Portfolio Emerging Markets ETF has a 1 year low of $35.00 and a 1 year high of $42.88. The stock has a market cap of $10.60 billion, a P/E ratio of 14.80 and a beta of 0.67.

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.