Securian Asset Management Inc. Acquires New Stake in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM)

Securian Asset Management Inc. acquired a new stake in shares of SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 185,560 shares of the company’s stock, valued at approximately $7,120,000. Securian Asset Management Inc. owned 0.08% of SPDR Portfolio Emerging Markets ETF as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors also recently added to or reduced their stakes in the company. Austin Wealth Management LLC raised its position in SPDR Portfolio Emerging Markets ETF by 9.2% during the fourth quarter. Austin Wealth Management LLC now owns 6,735 shares of the company’s stock valued at $258,000 after purchasing an additional 566 shares in the last quarter. HighTower Advisors LLC raised its position in SPDR Portfolio Emerging Markets ETF by 0.6% during the fourth quarter. HighTower Advisors LLC now owns 1,125,455 shares of the company’s stock valued at $43,184,000 after purchasing an additional 6,614 shares in the last quarter. Cascade Financial Partners LLC raised its position in SPDR Portfolio Emerging Markets ETF by 4.1% during the fourth quarter. Cascade Financial Partners LLC now owns 176,378 shares of the company’s stock valued at $6,768,000 after purchasing an additional 7,000 shares in the last quarter. Wealthfront Advisers LLC purchased a new stake in SPDR Portfolio Emerging Markets ETF during the fourth quarter valued at about $19,872,000. Finally, Founders Financial Alliance LLC raised its position in SPDR Portfolio Emerging Markets ETF by 19.9% during the fourth quarter. Founders Financial Alliance LLC now owns 3,905 shares of the company’s stock valued at $150,000 after purchasing an additional 649 shares in the last quarter.

SPDR Portfolio Emerging Markets ETF Stock Up 0.7 %

NYSEARCA SPEM opened at $39.32 on Wednesday. The stock’s 50-day simple moving average is $38.96 and its two-hundred day simple moving average is $39.52. SPDR Portfolio Emerging Markets ETF has a twelve month low of $35.00 and a twelve month high of $42.88. The company has a market capitalization of $10.40 billion, a price-to-earnings 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.