Wrapmanager Inc. Has $12.40 Million Stock Position in SPDR Portfolio Emerging Markets ETF $SPEM

Wrapmanager Inc. lessened its position in shares of SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) by 9.4% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 264,944 shares of the company’s stock after selling 27,393 shares during the period. SPDR Portfolio Emerging Markets ETF makes up about 4.2% of Wrapmanager Inc.’s portfolio, making the stock its 4th largest holding. Wrapmanager Inc.’s holdings in SPDR Portfolio Emerging Markets ETF were worth $12,402,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently made changes to their positions in the company. River Street Advisors LLC lifted its holdings in shares of SPDR Portfolio Emerging Markets ETF by 1.8% during the 4th quarter. River Street Advisors LLC now owns 12,122 shares of the company’s stock worth $567,000 after acquiring an additional 209 shares during the period. Kraft Davis & Associates LLC lifted its stake in SPDR Portfolio Emerging Markets ETF by 4.5% in the 4th quarter. Kraft Davis & Associates LLC now owns 4,934 shares of the company’s stock valued at $240,000 after purchasing an additional 213 shares during the last quarter. Captrust Financial Advisors lifted its stake in SPDR Portfolio Emerging Markets ETF by 0.7% in the 3rd quarter. Captrust Financial Advisors now owns 32,698 shares of the company’s stock valued at $1,531,000 after purchasing an additional 222 shares during the last quarter. Greystone Financial Group LLC lifted its stake in SPDR Portfolio Emerging Markets ETF by 1.8% in the 4th quarter. Greystone Financial Group LLC now owns 13,691 shares of the company’s stock valued at $641,000 after purchasing an additional 237 shares during the last quarter. Finally, Urban Financial Advisory Corp lifted its stake in SPDR Portfolio Emerging Markets ETF by 2.5% in the 4th quarter. Urban Financial Advisory Corp now owns 9,962 shares of the company’s stock valued at $466,000 after purchasing an additional 239 shares during the last quarter.

SPDR Portfolio Emerging Markets ETF Price Performance

Shares of NYSEARCA:SPEM opened at $51.09 on Friday. The company has a market cap of $17.51 billion, a price-to-earnings ratio of 15.39 and a beta of 0.60. The firm has a 50 day simple moving average of $49.31 and a 200 day simple moving average of $48.59. SPDR Portfolio Emerging Markets ETF has a one year low of $40.67 and a one year high of $53.03.

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.