Values Added Financial LLC Sells 1,484 Shares of SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM)

Values Added Financial LLC trimmed its stake in shares of SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) by 1.0% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 141,669 shares of the company’s stock after selling 1,484 shares during the quarter. SPDR Portfolio Emerging Markets ETF accounts for 4.1% of Values Added Financial LLC’s portfolio, making the stock its 7th largest holding. Values Added Financial LLC owned approximately 0.07% of SPDR Portfolio Emerging Markets ETF worth $5,017,000 as of its most recent SEC filing.

Other institutional investors also recently added to or reduced their stakes in the company. Lincoln National Corp boosted its holdings in shares of SPDR Portfolio Emerging Markets ETF by 3.6% in the 3rd quarter. Lincoln National Corp now owns 8,838 shares of the company’s stock worth $297,000 after acquiring an additional 310 shares in the last quarter. Vicus Capital raised its position in SPDR Portfolio Emerging Markets ETF by 2.5% in the 3rd quarter. Vicus Capital now owns 13,148 shares of the company’s stock worth $441,000 after purchasing an additional 325 shares during the last quarter. NovaPoint Capital LLC raised its position in SPDR Portfolio Emerging Markets ETF by 1.3% in the 3rd quarter. NovaPoint Capital LLC now owns 24,526 shares of the company’s stock worth $823,000 after purchasing an additional 326 shares during the last quarter. USAdvisors Wealth Management LLC raised its position in SPDR Portfolio Emerging Markets ETF by 0.4% in the 3rd quarter. USAdvisors Wealth Management LLC now owns 94,228 shares of the company’s stock worth $3,163,000 after purchasing an additional 343 shares during the last quarter. Finally, BlackRock Inc. raised its position in SPDR Portfolio Emerging Markets ETF by 10.5% in the 1st quarter. BlackRock Inc. now owns 3,663 shares of the company’s stock worth $142,000 after purchasing an additional 349 shares during the last quarter.

SPDR Portfolio Emerging Markets ETF Price Performance

SPEM stock opened at $36.19 on Friday. The company has a 50 day moving average price of $35.33 and a 200 day moving average price of $34.53. SPDR Portfolio Emerging Markets ETF has a fifty-two week low of $32.06 and a fifty-two week high of $36.47. The stock has a market capitalization of $7.74 billion, a PE ratio of 10.59 and a beta of 0.68.

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.