Asset Dedication LLC lessened its holdings in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM – Free Report) by 6.6% during the fourth quarter, Holdings Channel.com reports. The firm owned 97,092 shares of the company’s stock after selling 6,907 shares during the quarter. Asset Dedication LLC’s holdings in SPDR Portfolio Emerging Markets ETF were worth $3,725,000 at the end of the most recent quarter.
Other large investors also recently added to or reduced their stakes in the company. Archer Investment Corp purchased a new position in SPDR Portfolio Emerging Markets ETF in the 3rd quarter worth $39,000. Strategic Wealth Investment Group LLC purchased a new position in SPDR Portfolio Emerging Markets ETF in the 4th quarter worth $46,000. Blue Trust Inc. raised its position in SPDR Portfolio Emerging Markets ETF by 474.2% in the 4th quarter. Blue Trust Inc. now owns 2,274 shares of the company’s stock worth $94,000 after purchasing an additional 1,878 shares during the period. McClarren Financial Advisors Inc. raised its position in SPDR Portfolio Emerging Markets ETF by 583.2% in the 3rd quarter. McClarren Financial Advisors Inc. now owns 2,569 shares of the company’s stock worth $106,000 after purchasing an additional 2,193 shares during the period. Finally, Fortitude Family Office LLC purchased a new position in SPDR Portfolio Emerging Markets ETF in the 4th quarter worth $121,000.
SPDR Portfolio Emerging Markets ETF Stock Up 0.6 %
Shares of NYSEARCA:SPEM opened at $38.52 on Wednesday. The company’s fifty day moving average is $38.97 and its 200 day moving average is $39.17. SPDR Portfolio Emerging Markets ETF has a 52 week low of $33.94 and a 52 week high of $42.88. The stock has a market cap of $9.14 billion, a PE ratio of 13.05 and a beta of 0.81.
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.
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Want to see what other hedge funds are holding SPEM? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM – Free Report).
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