Gainplan LLC Sells 31,123 Shares of SPDR Portfolio Emerging Markets ETF $SPEM

Gainplan LLC lessened its stake in shares of SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) by 37.3% in the 2nd quarter, according to its most recent disclosure with the SEC. The firm owned 52,396 shares of the company’s stock after selling 31,123 shares during the period. SPDR Portfolio Emerging Markets ETF accounts for about 1.0% of Gainplan LLC’s investment portfolio, making the stock its 11th biggest holding. Gainplan LLC’s holdings in SPDR Portfolio Emerging Markets ETF were worth $2,239,000 as of its most recent filing with the SEC.

Several other hedge funds have also bought and sold shares of SPEM. Brighton Jones LLC bought a new stake in SPDR Portfolio Emerging Markets ETF during the fourth quarter valued at about $289,000. NBC Securities Inc. boosted its stake in shares of SPDR Portfolio Emerging Markets ETF by 201,700.0% in the first quarter. NBC Securities Inc. now owns 2,018 shares of the company’s stock worth $79,000 after acquiring an additional 2,017 shares during the period. Farther Finance Advisors LLC boosted its stake in shares of SPDR Portfolio Emerging Markets ETF by 140.5% in the first quarter. Farther Finance Advisors LLC now owns 46,911 shares of the company’s stock worth $1,854,000 after acquiring an additional 27,406 shares during the period. Collier Financial boosted its stake in shares of SPDR Portfolio Emerging Markets ETF by 1,098.1% in the first quarter. Collier Financial now owns 53,988 shares of the company’s stock worth $2,126,000 after acquiring an additional 49,482 shares during the period. Finally, Zhang Financial LLC bought a new position in shares of SPDR Portfolio Emerging Markets ETF in the first quarter worth about $241,000.

SPDR Portfolio Emerging Markets ETF Stock Down 0.5%

NYSEARCA SPEM opened at $47.24 on Wednesday. The firm has a market cap of $14.53 billion, a price-to-earnings ratio of 15.39 and a beta of 0.68. The business has a 50-day moving average price of $45.20 and a 200-day moving average price of $42.38. SPDR Portfolio Emerging Markets ETF has a twelve month low of $34.38 and a twelve month high of $47.67.

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.