Advisory Alpha LLC Sells 52,130 Shares of SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM)

Advisory Alpha LLC lessened its holdings in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) by 4.5% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 1,112,922 shares of the company’s stock after selling 52,130 shares during the quarter. SPDR Portfolio Emerging Markets ETF makes up approximately 1.5% of Advisory Alpha LLC’s investment portfolio, making the stock its 18th largest position. Advisory Alpha LLC owned 0.47% of SPDR Portfolio Emerging Markets ETF worth $42,705,000 at the end of the most recent quarter.

Several other hedge funds have also added to or reduced their stakes in SPEM. Atomi Financial Group Inc. lifted its holdings in shares of SPDR Portfolio Emerging Markets ETF by 40.8% during the fourth quarter. Atomi Financial Group Inc. now owns 45,021 shares of the company’s stock worth $1,727,000 after purchasing an additional 13,052 shares during the period. Pure Financial Advisors LLC lifted its holdings in SPDR Portfolio Emerging Markets ETF by 1.9% during the 4th quarter. Pure Financial Advisors LLC now owns 132,338 shares of the company’s stock worth $5,078,000 after buying an additional 2,497 shares during the period. Ervin Investment Management LLC grew its position in shares of SPDR Portfolio Emerging Markets ETF by 5.2% in the 4th quarter. Ervin Investment Management LLC now owns 72,947 shares of the company’s stock valued at $2,799,000 after buying an additional 3,597 shares during the last quarter. Capital Wealth Management LLC lifted its stake in shares of SPDR Portfolio Emerging Markets ETF by 7.3% in the fourth quarter. Capital Wealth Management LLC now owns 413,001 shares of the company’s stock worth $15,847,000 after acquiring an additional 28,239 shares during the period. Finally, Liberty One Investment Management LLC increased its position in SPDR Portfolio Emerging Markets ETF by 2.6% during the 4th quarter. Liberty One Investment Management LLC now owns 31,765 shares of the company’s stock valued at $1,219,000 after purchasing an additional 816 shares during the period.

SPDR Portfolio Emerging Markets ETF Stock Performance

SPDR Portfolio Emerging Markets ETF stock opened at $38.59 on Wednesday. The firm has a market cap of $9.16 billion, a price-to-earnings ratio of 13.05 and a beta of 0.81. SPDR Portfolio Emerging Markets ETF has a 52-week low of $33.78 and a 52-week high of $42.88. The firm has a 50 day moving average price of $39.05 and a two-hundred day moving average price of $39.18.

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.