Tobias Financial Advisors Inc. Sells 1,206 Shares of SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM)

Tobias Financial Advisors Inc. lowered its holdings in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) by 2.3% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 50,837 shares of the company’s stock after selling 1,206 shares during the quarter. Tobias Financial Advisors Inc.’s holdings in SPDR Portfolio Emerging Markets ETF were worth $2,099,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also recently modified their holdings of SPEM. Rothschild Investment LLC bought a new stake in SPDR Portfolio Emerging Markets ETF in the 2nd quarter worth approximately $27,000. Lynx Investment Advisory purchased a new stake in SPDR Portfolio Emerging Markets ETF during the second quarter valued at $35,000. Hershey Financial Advisers LLC bought a new position in SPDR Portfolio Emerging Markets ETF in the second quarter valued at about $49,000. American National Bank boosted its position in SPDR Portfolio Emerging Markets ETF by 132.0% in the second quarter. American National Bank now owns 1,793 shares of the company’s stock worth $68,000 after purchasing an additional 1,020 shares during the last quarter. Finally, SouthState Corp bought a new stake in shares of SPDR Portfolio Emerging Markets ETF during the 2nd quarter valued at about $86,000.

SPDR Portfolio Emerging Markets ETF Stock Up 1.6 %

Shares of NYSEARCA:SPEM opened at $40.98 on Wednesday. The stock has a market capitalization of $9.73 billion, a PE ratio of 13.05 and a beta of 0.81. The firm’s 50 day moving average price is $40.06 and its 200-day moving average price is $38.60. SPDR Portfolio Emerging Markets ETF has a twelve month low of $33.48 and a twelve month high of $42.88.

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.