N.E.W. Advisory Services LLC Lowers Holdings in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM)

N.E.W. Advisory Services LLC trimmed its position in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) by 9.7% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 390,138 shares of the company’s stock after selling 41,914 shares during the quarter. SPDR Portfolio Emerging Markets ETF accounts for 1.4% of N.E.W. Advisory Services LLC’s holdings, making the stock its 17th largest holding. N.E.W. Advisory Services LLC owned about 0.16% of SPDR Portfolio Emerging Markets ETF worth $14,970,000 at the end of the most recent quarter.

Several other large investors have also recently made changes to their positions in the stock. Austin Private Wealth LLC raised its position in shares of SPDR Portfolio Emerging Markets ETF by 8.8% in the 4th quarter. Austin Private Wealth LLC now owns 89,888 shares of the company’s stock worth $3,449,000 after acquiring an additional 7,253 shares in the last quarter. Strategic Wealth Investment Group LLC bought a new position in shares of SPDR Portfolio Emerging Markets ETF in the 4th quarter worth $46,000. Calton & Associates Inc. raised its position in shares of SPDR Portfolio Emerging Markets ETF by 60.1% in the 4th quarter. Calton & Associates Inc. now owns 12,700 shares of the company’s stock worth $487,000 after acquiring an additional 4,767 shares in the last quarter. Fifth Third Securities Inc. raised its position in shares of SPDR Portfolio Emerging Markets ETF by 6.2% in the 4th quarter. Fifth Third Securities Inc. now owns 46,769 shares of the company’s stock worth $1,795,000 after acquiring an additional 2,713 shares in the last quarter. Finally, Colton Groome Financial Advisors LLC raised its position in shares of SPDR Portfolio Emerging Markets ETF by 12.4% in the 4th quarter. Colton Groome Financial Advisors LLC now owns 57,916 shares of the company’s stock worth $2,222,000 after acquiring an additional 6,367 shares in the last quarter.

SPDR Portfolio Emerging Markets ETF Trading Down 0.8 %

SPEM opened at $38.73 on Friday. The firm has a market cap of $9.19 billion, a price-to-earnings ratio of 13.05 and a beta of 0.81. SPDR Portfolio Emerging Markets ETF has a 12 month low of $33.94 and a 12 month high of $42.88. The stock has a fifty day moving average price of $38.94 and a 200-day moving average price of $39.17.

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.