SigFig Wealth Management LLC Sells 16,664 Shares of SPDR Portfolio Emerging Markets ETF $SPEM

SigFig Wealth Management LLC cut its position in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) by 5.4% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 291,685 shares of the company’s stock after selling 16,664 shares during the period. SPDR Portfolio Emerging Markets ETF accounts for approximately 0.4% of SigFig Wealth Management LLC’s investment portfolio, making the stock its 29th biggest holding. SigFig Wealth Management LLC’s holdings in SPDR Portfolio Emerging Markets ETF were worth $13,700,000 at the end of the most recent reporting period.

A number of other institutional investors have also added to or reduced their stakes in SPEM. Ritholtz Wealth Management boosted its holdings in SPDR Portfolio Emerging Markets ETF by 1.1% in the third quarter. Ritholtz Wealth Management now owns 19,379 shares of the company’s stock worth $907,000 after acquiring an additional 210 shares in the last quarter. Kraft Davis & Associates LLC grew its stake in SPDR Portfolio Emerging Markets ETF by 4.5% in the fourth quarter. Kraft Davis & Associates LLC now owns 4,934 shares of the company’s stock valued at $240,000 after acquiring an additional 213 shares during the period. Captrust Financial Advisors increased its holdings in shares of SPDR Portfolio Emerging Markets ETF by 0.7% during the third quarter. Captrust Financial Advisors now owns 32,698 shares of the company’s stock valued at $1,531,000 after acquiring an additional 222 shares in the last quarter. Cadent Capital Advisors LLC increased its holdings in shares of SPDR Portfolio Emerging Markets ETF by 0.6% during the fourth quarter. Cadent Capital Advisors LLC now owns 43,377 shares of the company’s stock valued at $2,030,000 after acquiring an additional 240 shares in the last quarter. Finally, Echo Wealth Management LLC raised its position in shares of SPDR Portfolio Emerging Markets ETF by 0.4% during the third quarter. Echo Wealth Management LLC now owns 61,832 shares of the company’s stock worth $2,894,000 after purchasing an additional 242 shares during the period.

SPDR Portfolio Emerging Markets ETF Stock Down 0.7%

Shares of SPEM opened at $46.76 on Friday. SPDR Portfolio Emerging Markets ETF has a 12-month low of $34.38 and a 12-month high of $51.35. The business’s fifty day moving average is $48.74 and its 200 day moving average is $47.76. The stock has a market cap of $15.62 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.