ARQ Wealth Advisors LLC acquired a new stake in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 49,157 shares of the company’s stock, valued at approximately $1,399,000. SPDR Portfolio Emerging Markets ETF comprises 1.6% of ARQ Wealth Advisors LLC’s holdings, making the stock its 19th largest position.

A number of other hedge funds also recently modified their holdings of the stock. Creative Planning increased its position in SPDR Portfolio Emerging Markets ETF by 773.4% during the first quarter. Creative Planning now owns 10,728,209 shares of the company’s stock worth $305,325,000 after purchasing an additional 9,499,917 shares during the last quarter. Allworth Financial LP grew its stake in SPDR Portfolio Emerging Markets ETF by 17.5% during the first quarter. Allworth Financial LP now owns 2,188,172 shares of the company’s stock worth $62,275,000 after buying an additional 325,163 shares during the period. Bank of America Corp DE grew its stake in SPDR Portfolio Emerging Markets ETF by 2.3% during the fourth quarter. Bank of America Corp DE now owns 2,020,925 shares of the company’s stock worth $75,967,000 after buying an additional 46,111 shares during the period. Gradient Investments LLC grew its stake in SPDR Portfolio Emerging Markets ETF by 12.0% during the first quarter. Gradient Investments LLC now owns 1,796,012 shares of the company’s stock worth $51,115,000 after buying an additional 192,181 shares during the period. Finally, State Street Corp grew its stake in SPDR Portfolio Emerging Markets ETF by 23.3% during the fourth quarter. State Street Corp now owns 1,740,177 shares of the company’s stock worth $65,413,000 after buying an additional 328,396 shares during the period.

SPEM traded up $0.56 during trading on Wednesday, hitting $33.54. 414,961 shares of the company’s stock were exchanged, compared to its average volume of 2,296,888. The stock has a 50 day moving average price of $30.43 and a 200 day moving average price of $33.74. SPDR Portfolio Emerging Markets ETF has a 1 year low of $25.10 and a 1 year high of $38.67.

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Institutional Ownership by Quarter for SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM)

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