Aveo Capital Partners LLC Sells 10,551 Shares of SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM)

Aveo Capital Partners LLC reduced its position in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) by 11.7% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 79,288 shares of the company’s stock after selling 10,551 shares during the quarter. Aveo Capital Partners LLC’s holdings in SPDR Portfolio Emerging Markets ETF were worth $3,042,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds have also modified their holdings of the company. Vicus Capital boosted its position in shares of SPDR Portfolio Emerging Markets ETF by 2.6% in the fourth quarter. Vicus Capital now owns 11,981 shares of the company’s stock worth $460,000 after purchasing an additional 299 shares during the period. Occidental Asset Management LLC boosted its position in shares of SPDR Portfolio Emerging Markets ETF by 0.7% during the fourth quarter. Occidental Asset Management LLC now owns 46,414 shares of the company’s stock worth $1,781,000 after acquiring an additional 312 shares during the last quarter. McClarren Financial Advisors Inc. boosted its position in shares of SPDR Portfolio Emerging Markets ETF by 12.3% during the fourth quarter. McClarren Financial Advisors Inc. now owns 2,885 shares of the company’s stock worth $110,000 after acquiring an additional 316 shares during the last quarter. Iams Wealth Management LLC grew its stake in SPDR Portfolio Emerging Markets ETF by 1.1% during the fourth quarter. Iams Wealth Management LLC now owns 29,858 shares of the company’s stock valued at $1,146,000 after acquiring an additional 330 shares in the last quarter. Finally, Alliance Wealth Advisors LLC UT grew its stake in SPDR Portfolio Emerging Markets ETF by 1.8% during the fourth quarter. Alliance Wealth Advisors LLC UT now owns 18,744 shares of the company’s stock valued at $719,000 after acquiring an additional 330 shares in the last quarter.

SPDR Portfolio Emerging Markets ETF Stock Performance

SPEM opened at $40.01 on Friday. The stock has a market capitalization of $9.50 billion, a price-to-earnings ratio of 13.05 and a beta of 0.81. The company has a fifty day moving average of $38.88 and a 200 day moving average of $39.24. SPDR Portfolio Emerging Markets ETF has a fifty-two week low of $34.98 and a fifty-two week high of $42.88.

SPDR Portfolio Emerging Markets ETF 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.