Financial Engines Advisors L.L.C. Grows Position in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM)

Financial Engines Advisors L.L.C. increased its stake in shares of SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) by 1.1% in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 18,659,764 shares of the company’s stock after acquiring an additional 205,590 shares during the quarter. SPDR Portfolio Emerging Markets ETF comprises about 1.5% of Financial Engines Advisors L.L.C.’s portfolio, making the stock its 22nd largest holding. Financial Engines Advisors L.L.C. owned approximately 7.86% of SPDR Portfolio Emerging Markets ETF worth $715,975,000 as of its most recent filing with the SEC.

Several other institutional investors also recently bought and sold shares of SPEM. Brooklyn FI LLC increased its stake 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. Raymond James Financial Inc. purchased a new position in shares of SPDR Portfolio Emerging Markets ETF in the fourth quarter valued at $76,342,000. BlueStem Wealth Partners LLC bought a new stake in SPDR Portfolio Emerging Markets ETF in the fourth quarter worth $38,051,000. Bank of New York Mellon Corp raised its stake 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 valued at $103,397,000 after purchasing an additional 740,980 shares in the last quarter. Finally, State Street Corp lifted 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 valued at $259,668,000 after purchasing an additional 591,019 shares during the last quarter.

SPDR Portfolio Emerging Markets ETF Stock Down 0.0 %

Shares of NYSEARCA:SPEM opened at $40.08 on Wednesday. The firm has a fifty day simple moving average of $39.38 and a two-hundred day simple moving average of $39.65. The stock has a market capitalization of $10.60 billion, a P/E ratio of 14.80 and a beta of 0.67. SPDR Portfolio Emerging Markets ETF has a 52 week low of $35.00 and a 52 week 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.