TIAA Trust National Association Raises Stake in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM)

TIAA Trust National Association boosted its holdings in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) by 9.2% during the fourth quarter, Holdings Channel.com reports. The firm owned 5,813,700 shares of the company’s stock after acquiring an additional 487,824 shares during the quarter. TIAA Trust National Association’s holdings in SPDR Portfolio Emerging Markets ETF were worth $223,072,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also made changes to their positions in SPEM. Vicus Capital increased its holdings in shares of SPDR Portfolio Emerging Markets ETF by 2.6% during the fourth quarter. Vicus Capital now owns 11,981 shares of the company’s stock valued at $460,000 after acquiring an additional 299 shares in the last quarter. Occidental Asset Management LLC raised its holdings in SPDR Portfolio Emerging Markets ETF by 0.7% in the fourth quarter. Occidental Asset Management LLC now owns 46,414 shares of the company’s stock worth $1,781,000 after buying an additional 312 shares during the last quarter. McClarren Financial Advisors Inc. lifted its stake in shares of SPDR Portfolio Emerging Markets ETF by 12.3% in the fourth quarter. McClarren Financial Advisors Inc. now owns 2,885 shares of the company’s stock worth $110,000 after buying an additional 316 shares in the last quarter. Iams Wealth Management LLC grew its holdings in shares of SPDR Portfolio Emerging Markets ETF by 1.1% during the fourth quarter. Iams Wealth Management LLC now owns 29,858 shares of the company’s stock valued at $1,146,000 after buying an additional 330 shares during the last quarter. Finally, Alliance Wealth Advisors LLC UT increased its position in shares of SPDR Portfolio Emerging Markets ETF by 1.8% during the fourth quarter. Alliance Wealth Advisors LLC UT now owns 18,744 shares of the company’s stock valued at $719,000 after acquiring an additional 330 shares in the last quarter.

SPDR Portfolio Emerging Markets ETF Trading Up 0.2 %

SPEM stock opened at $40.10 on Tuesday. The stock’s 50 day simple moving average is $39.33 and its 200 day simple moving average is $39.63. SPDR Portfolio Emerging Markets ETF has a 12-month low of $35.00 and a 12-month high of $42.88. The stock has a market capitalization of $10.60 billion, a PE ratio of 14.80 and a beta of 0.67.

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.