SPDR Portfolio Emerging Markets ETF $SPEM Shares Sold by Forthright Family Wealth Advisory LLC

Forthright Family Wealth Advisory LLC cut its stake in shares of SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) by 58.4% in the third quarter, HoldingsChannel.com reports. The fund owned 26,499 shares of the company’s stock after selling 37,195 shares during the period. SPDR Portfolio Emerging Markets ETF makes up about 0.8% of Forthright Family Wealth Advisory LLC’s investment portfolio, making the stock its 26th biggest position. Forthright Family Wealth Advisory LLC’s holdings in SPDR Portfolio Emerging Markets ETF were worth $1,240,000 at the end of the most recent reporting period.

Other hedge funds have also made changes to their positions in the company. Ritholtz Wealth Management grew its holdings in shares of SPDR Portfolio Emerging Markets ETF by 1.1% during the third quarter. Ritholtz Wealth Management now owns 19,379 shares of the company’s stock worth $907,000 after buying an additional 210 shares in the last quarter. Verus Capital Partners LLC raised its position in SPDR Portfolio Emerging Markets ETF by 1.3% in the second quarter. Verus Capital Partners LLC now owns 18,408 shares of the company’s stock valued at $787,000 after purchasing an additional 235 shares during the period. Rockbridge Investment Management LCC raised its holdings in SPDR Portfolio Emerging Markets ETF by 1.0% in the 2nd quarter. Rockbridge Investment Management LCC now owns 25,083 shares of the company’s stock valued at $1,072,000 after buying an additional 239 shares during the period. Echo Wealth Management LLC raised its stake in shares of SPDR Portfolio Emerging Markets ETF by 0.4% in the 3rd quarter. Echo Wealth Management LLC now owns 61,832 shares of the company’s stock valued at $2,894,000 after acquiring an additional 242 shares during the period. Finally, Apollon Wealth Management LLC raised its position in SPDR Portfolio Emerging Markets ETF by 1.5% in the second quarter. Apollon Wealth Management LLC now owns 16,893 shares of the company’s stock valued at $722,000 after purchasing an additional 244 shares during the period.

SPDR Portfolio Emerging Markets ETF Price Performance

NYSEARCA SPEM opened at $49.20 on Friday. The company has a market cap of $16.43 billion, a P/E ratio of 15.39 and a beta of 0.56. The stock has a 50-day moving average of $47.69 and a two-hundred day moving average of $46.44. SPDR Portfolio Emerging Markets ETF has a 1-year low of $34.38 and a 1-year high of $50.58.

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.