Global Financial Private Client LLC Cuts Holdings in SPDR Portfolio Emerging Markets ETF $SPEM

Global Financial Private Client LLC cut its holdings in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) by 10.0% during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 48,329 shares of the company’s stock after selling 5,383 shares during the quarter. Global Financial Private Client LLC’s holdings in SPDR Portfolio Emerging Markets ETF were worth $2,066,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently bought and sold shares of SPEM. Jane Street Group LLC purchased a new stake in shares of SPDR Portfolio Emerging Markets ETF during the 1st quarter worth $57,992,000. 3EDGE Asset Management LP lifted its stake in shares of SPDR Portfolio Emerging Markets ETF by 2,500.7% in the first quarter. 3EDGE Asset Management LP now owns 777,050 shares of the company’s stock valued at $30,598,000 after purchasing an additional 747,171 shares during the period. LPL Financial LLC lifted its stake in shares of SPDR Portfolio Emerging Markets ETF by 6.1% in the first quarter. LPL Financial LLC now owns 10,706,453 shares of the company’s stock valued at $421,513,000 after purchasing an additional 620,049 shares during the period. Cerity Partners LLC boosted its holdings in SPDR Portfolio Emerging Markets ETF by 24.6% during the first quarter. Cerity Partners LLC now owns 2,766,398 shares of the company’s stock worth $108,913,000 after buying an additional 545,724 shares in the last quarter. Finally, Envestnet Asset Management Inc. grew its position in SPDR Portfolio Emerging Markets ETF by 7.8% during the first quarter. Envestnet Asset Management Inc. now owns 6,361,844 shares of the company’s stock worth $250,466,000 after buying an additional 461,936 shares during the period.

SPDR Portfolio Emerging Markets ETF Trading Down 0.4%

Shares of SPDR Portfolio Emerging Markets ETF stock opened at $46.71 on Friday. The company has a 50-day moving average of $44.33 and a two-hundred day moving average of $41.73. SPDR Portfolio Emerging Markets ETF has a 12-month low of $34.38 and a 12-month high of $47.21. The stock has a market cap of $13.59 billion, a PE ratio of 15.39 and a beta of 0.68.

SPDR Portfolio Emerging Markets ETF Company 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.