Golden State Wealth Management LLC Sells 1,229 Shares of SPDR Portfolio Emerging Markets ETF $SPEM

Golden State Wealth Management LLC trimmed its position in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) by 17.2% in the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 5,904 shares of the company’s stock after selling 1,229 shares during the period. Golden State Wealth Management LLC’s holdings in SPDR Portfolio Emerging Markets ETF were worth $252,000 at the end of the most recent quarter.

Other institutional investors have also added to or reduced their stakes in the company. LPL Financial LLC grew its stake in 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 acquiring an additional 620,049 shares during the period. Envestnet Asset Management Inc. lifted its holdings in shares of SPDR Portfolio Emerging Markets ETF by 1.9% in the 2nd quarter. Envestnet Asset Management Inc. now owns 6,484,376 shares of the company’s stock worth $277,142,000 after purchasing an additional 122,532 shares in the last quarter. TIAA Trust National Association lifted its holdings in shares of SPDR Portfolio Emerging Markets ETF by 4.3% in the 1st quarter. TIAA Trust National Association now owns 6,065,716 shares of the company’s stock worth $238,807,000 after purchasing an additional 252,016 shares in the last quarter. Ameriprise Financial Inc. grew its position in SPDR Portfolio Emerging Markets ETF by 0.7% in the 1st quarter. Ameriprise Financial Inc. now owns 5,060,826 shares of the company’s stock valued at $199,231,000 after purchasing an additional 33,522 shares during the period. Finally, Northwestern Mutual Wealth Management Co. increased its stake in SPDR Portfolio Emerging Markets ETF by 4.7% during the 1st quarter. Northwestern Mutual Wealth Management Co. now owns 3,274,058 shares of the company’s stock valued at $128,900,000 after purchasing an additional 146,140 shares in the last quarter.

SPDR Portfolio Emerging Markets ETF Price Performance

NYSEARCA:SPEM opened at $47.23 on Friday. SPDR Portfolio Emerging Markets ETF has a one year low of $34.38 and a one year high of $48.56. The company has a market cap of $14.58 billion, a PE ratio of 15.39 and a beta of 0.56. The firm has a 50-day moving average of $46.69 and a 200-day moving average of $43.88.

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.