Private Advisor Group LLC Lowers Holdings in SPDR Portfolio Emerging Markets ETF $SPEM

Private Advisor Group LLC trimmed its holdings in shares of SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) by 2.9% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 1,023,845 shares of the company’s stock after selling 30,321 shares during the quarter. Private Advisor Group LLC owned 0.33% of SPDR Portfolio Emerging Markets ETF worth $47,926,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Hantz Financial Services Inc. lifted its position in SPDR Portfolio Emerging Markets ETF by 2,031.0% in the third quarter. Hantz Financial Services Inc. now owns 618 shares of the company’s stock valued at $27,000 after buying an additional 589 shares during the last quarter. First Horizon Corp acquired a new stake in shares of SPDR Portfolio Emerging Markets ETF during the third quarter valued at about $29,000. Stone House Investment Management LLC purchased a new stake in shares of SPDR Portfolio Emerging Markets ETF in the 3rd quarter valued at approximately $40,000. Addison Advisors LLC purchased a new stake in shares of SPDR Portfolio Emerging Markets ETF in the 2nd quarter valued at approximately $49,000. Finally, Blue Trust Inc. lifted its holdings in shares of SPDR Portfolio Emerging Markets ETF by 539.1% in the 3rd quarter. Blue Trust Inc. now owns 1,227 shares of the company’s stock worth $57,000 after acquiring an additional 1,035 shares during the last quarter.

SPDR Portfolio Emerging Markets ETF Stock Performance

NYSEARCA:SPEM opened at $47.34 on Monday. SPDR Portfolio Emerging Markets ETF has a fifty-two week low of $34.38 and a fifty-two week high of $51.35. The company has a 50 day moving average price of $49.21 and a 200 day moving average price of $47.53. The stock has a market capitalization of $15.81 billion, a P/E ratio of 15.39 and a beta of 0.56.

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.