Townsquare Capital LLC Sells 70,198 Shares of SPDR Portfolio Emerging Markets ETF $SPEM

Townsquare Capital LLC reduced its stake in shares of SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) by 51.0% in the third quarter, according to its most recent filing with the SEC. The fund owned 67,332 shares of the company’s stock after selling 70,198 shares during the period. Townsquare Capital LLC’s holdings in SPDR Portfolio Emerging Markets ETF were worth $3,152,000 as of its most recent SEC filing.

Other institutional investors have also added to or reduced their stakes in the company. First Horizon Corp purchased a new position in shares of SPDR Portfolio Emerging Markets ETF in the 3rd quarter worth about $29,000. Stone House Investment Management LLC bought a new stake in SPDR Portfolio Emerging Markets ETF in the 3rd quarter worth approximately $40,000. Sachetta LLC boosted its stake in SPDR Portfolio Emerging Markets ETF by 2,263.9% in the second quarter. Sachetta LLC now owns 851 shares of the company’s stock worth $36,000 after buying an additional 815 shares in the last quarter. Addison Advisors LLC bought a new position in SPDR Portfolio Emerging Markets ETF during the second quarter valued at approximately $49,000. Finally, Blue Trust Inc. raised its stake in shares of SPDR Portfolio Emerging Markets ETF by 539.1% during the third quarter. Blue Trust Inc. now owns 1,227 shares of the company’s stock worth $57,000 after acquiring an additional 1,035 shares in the last quarter.

SPDR Portfolio Emerging Markets ETF Stock Performance

Shares of SPDR Portfolio Emerging Markets ETF stock opened at $50.22 on Friday. SPDR Portfolio Emerging Markets ETF has a 52-week low of $34.38 and a 52-week high of $50.58. The stock has a market capitalization of $16.77 billion, a price-to-earnings ratio of 15.39 and a beta of 0.56. The company has a fifty day moving average of $47.63 and a 200-day moving average of $46.37.

SPDR Portfolio Emerging Markets ETF 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.