Wrenne Financial Planning LLC Grows Stock Holdings in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM)

Wrenne Financial Planning LLC lifted its stake in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) by 1.5% in the 4th quarter, Holdings Channel.com reports. The firm owned 101,843 shares of the company’s stock after purchasing an additional 1,474 shares during the period. SPDR Portfolio Emerging Markets ETF makes up about 2.2% of Wrenne Financial Planning LLC’s investment portfolio, making the stock its 13th biggest position. Wrenne Financial Planning LLC’s holdings in SPDR Portfolio Emerging Markets ETF were worth $3,908,000 at the end of the most recent quarter.

A number of other institutional investors have also recently added to or reduced their stakes in SPEM. Raymond James Financial Inc. acquired a new stake in shares of SPDR Portfolio Emerging Markets ETF in the 4th quarter worth $76,342,000. BlueStem Wealth Partners LLC purchased a new stake in shares of SPDR Portfolio Emerging Markets ETF in the fourth quarter valued at about $38,051,000. Bank of New York Mellon Corp increased its position in SPDR Portfolio Emerging Markets ETF by 37.9% during the fourth quarter. Bank of New York Mellon Corp now owns 2,694,747 shares of the company’s stock worth $103,397,000 after purchasing an additional 740,980 shares during the last quarter. State Street Corp increased its position in SPDR Portfolio Emerging Markets ETF by 10.4% during the third quarter. State Street Corp now owns 6,290,419 shares of the company’s stock worth $259,668,000 after purchasing an additional 591,019 shares during the last quarter. Finally, Wealthfront Advisers LLC acquired a new position in SPDR Portfolio Emerging Markets ETF in the 4th quarter valued at about $19,872,000.

SPDR Portfolio Emerging Markets ETF Price Performance

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

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.