Great Point Wealth Advisors LLC Has $7.32 Million Stake in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM)

Great Point Wealth Advisors LLC reduced its position in shares of SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) by 33.5% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 160,857 shares of the company’s stock after selling 80,888 shares during the period. SPDR Portfolio Emerging Markets ETF makes up about 2.6% of Great Point Wealth Advisors LLC’s portfolio, making the stock its 14th biggest holding. Great Point Wealth Advisors LLC owned approximately 0.11% of SPDR Portfolio Emerging Markets ETF worth $7,319,000 at the end of the most recent reporting period.

Other large investors have also recently added to or reduced their stakes in the company. BlackRock Inc. grew its position in SPDR Portfolio Emerging Markets ETF by 26.8% in the first quarter. BlackRock Inc. now owns 2,552 shares of the company’s stock valued at $112,000 after acquiring an additional 540 shares during the last quarter. Oppenheimer & Co. Inc. boosted its holdings in SPDR Portfolio Emerging Markets ETF by 2.4% in the first quarter. Oppenheimer & Co. Inc. now owns 10,650 shares of the company’s stock valued at $466,000 after acquiring an additional 250 shares during the last quarter. Principal Financial Group Inc. lifted its stake in SPDR Portfolio Emerging Markets ETF by 7.7% in the first quarter. Principal Financial Group Inc. now owns 10,047 shares of the company’s stock valued at $440,000 after buying an additional 720 shares during the period. Kestra Advisory Services LLC lifted its stake in SPDR Portfolio Emerging Markets ETF by 8.6% in the first quarter. Kestra Advisory Services LLC now owns 134,796 shares of the company’s stock valued at $5,901,000 after buying an additional 10,701 shares during the period. Finally, Financial Advocates Investment Management lifted its stake in SPDR Portfolio Emerging Markets ETF by 115.9% in the first quarter. Financial Advocates Investment Management now owns 19,105 shares of the company’s stock valued at $836,000 after buying an additional 10,256 shares during the period.

SPEM traded up $0.18 during trading on Monday, hitting $42.97. The company’s stock had a trading volume of 22,682 shares, compared to its average volume of 1,490,128. SPDR Portfolio Emerging Markets ETF has a twelve month low of $35.19 and a twelve month high of $47.56. The stock’s fifty day moving average price is $43.26 and its 200-day moving average price is $44.13.

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

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