Secure Asset Management LLC Has $377,000 Position in SPDR Portfolio Emerging Markets ETF $SPEM

Secure Asset Management LLC lessened its holdings in shares of SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) by 69.0% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 8,000 shares of the company’s stock after selling 17,825 shares during the quarter. Secure Asset Management LLC’s holdings in SPDR Portfolio Emerging Markets ETF were worth $377,000 as of its most recent SEC filing.

A number of other large investors have also recently made changes to their positions in the business. Brooklyn Investment Group bought a new stake in shares of SPDR Portfolio Emerging Markets ETF during the first quarter worth about $32,000. Sachetta LLC increased its holdings in SPDR Portfolio Emerging Markets ETF by 2,263.9% during the 2nd quarter. Sachetta LLC now owns 851 shares of the company’s stock worth $36,000 after purchasing an additional 815 shares in the last quarter. Webster Bank N. A. bought a new position in shares of SPDR Portfolio Emerging Markets ETF in the second quarter valued at approximately $40,000. Addison Advisors LLC bought a new position in shares of SPDR Portfolio Emerging Markets ETF in the second quarter valued at approximately $49,000. Finally, WFA of San Diego LLC purchased a new position in shares of SPDR Portfolio Emerging Markets ETF during the second quarter valued at approximately $58,000.

SPDR Portfolio Emerging Markets ETF Trading Up 0.9%

Shares of SPDR Portfolio Emerging Markets ETF stock opened at $47.02 on Friday. The company has a market capitalization of $14.52 billion, a P/E ratio of 15.39 and a beta of 0.56. The stock has a fifty day simple moving average of $47.12 and a 200 day simple moving average of $45.22. SPDR Portfolio Emerging Markets ETF has a 12-month low of $34.38 and a 12-month high of $48.56.

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.