Foundation Wealth Management LLC PA Purchases Shares of 13,301 SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM)

Foundation Wealth Management LLC PA bought a new stake in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund bought 13,301 shares of the company’s stock, valued at approximately $510,000.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Financial Engines Advisors L.L.C. increased its stake in SPDR Portfolio Emerging Markets ETF by 1.1% in the 4th quarter. Financial Engines Advisors L.L.C. now owns 18,659,764 shares of the company’s stock worth $715,975,000 after purchasing an additional 205,590 shares during the period. LPL Financial LLC increased its stake in shares of SPDR Portfolio Emerging Markets ETF by 4.6% in the fourth quarter. LPL Financial LLC now owns 10,086,404 shares of the company’s stock worth $387,015,000 after buying an additional 442,126 shares during the period. Allworth Financial LP raised its holdings in SPDR Portfolio Emerging Markets ETF by 3.0% during the 4th quarter. Allworth Financial LP now owns 6,486,557 shares of the company’s stock valued at $250,381,000 after buying an additional 189,092 shares during the last quarter. State Street Corp boosted its position in SPDR Portfolio Emerging Markets ETF by 10.4% during the 3rd quarter. State Street Corp now owns 6,290,419 shares of the company’s stock valued at $259,668,000 after buying an additional 591,019 shares during the period. Finally, Brooklyn FI LLC grew its holdings in SPDR Portfolio Emerging Markets ETF by 6,305.1% in the 4th quarter. Brooklyn FI LLC now owns 6,194,793 shares of the company’s stock worth $249,018,000 after acquiring an additional 6,098,077 shares during the last quarter.

SPDR Portfolio Emerging Markets ETF Trading Down 0.5 %

Shares of NYSEARCA:SPEM opened at $39.87 on Thursday. The company has a 50-day moving average price of $39.42 and a 200-day moving average price of $39.65. The company has a market cap of $10.54 billion, a price-to-earnings ratio of 14.80 and a beta of 0.67. SPDR Portfolio Emerging Markets ETF has a 12 month low of $35.00 and a 12 month high of $42.88.

About SPDR Portfolio Emerging Markets ETF

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.