Brooklyn FI LLC Reduces Stake in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM)

Brooklyn FI LLC cut its position in shares of SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) by 3.2% in the 3rd quarter, according to the company in its most recent disclosure with the SEC. The fund owned 96,716 shares of the company’s stock after selling 3,197 shares during the quarter. SPDR Portfolio Emerging Markets ETF accounts for 1.4% of Brooklyn FI LLC’s investment portfolio, making the stock its 21st biggest holding. Brooklyn FI LLC’s holdings in SPDR Portfolio Emerging Markets ETF were worth $3,992,000 at the end of the most recent quarter.

Other institutional investors also recently bought and sold shares of the company. Farther Finance Advisors LLC increased its position in shares of SPDR Portfolio Emerging Markets ETF by 16.3% in the third quarter. Farther Finance Advisors LLC now owns 62,928 shares of the company’s stock valued at $2,598,000 after buying an additional 8,823 shares in the last quarter. Fonville Wealth Management LLC grew its stake in SPDR Portfolio Emerging Markets ETF by 14.2% in the 3rd quarter. Fonville Wealth Management LLC now owns 109,597 shares of the company’s stock valued at $4,524,000 after acquiring an additional 13,602 shares during the last quarter. Values Added Financial LLC increased its holdings in SPDR Portfolio Emerging Markets ETF by 6.0% during the 3rd quarter. Values Added Financial LLC now owns 170,717 shares of the company’s stock valued at $7,047,000 after acquiring an additional 9,715 shares in the last quarter. Valued Wealth Advisors LLC increased its holdings in SPDR Portfolio Emerging Markets ETF by 14.7% during the 3rd quarter. Valued Wealth Advisors LLC now owns 19,104 shares of the company’s stock valued at $789,000 after acquiring an additional 2,455 shares in the last quarter. Finally, Creative Financial Designs Inc. ADV raised its position in shares of SPDR Portfolio Emerging Markets ETF by 2.1% during the 3rd quarter. Creative Financial Designs Inc. ADV now owns 108,675 shares of the company’s stock worth $4,486,000 after purchasing an additional 2,189 shares during the last quarter.

SPDR Portfolio Emerging Markets ETF Stock Performance

Shares of NYSEARCA:SPEM opened at $40.25 on Friday. SPDR Portfolio Emerging Markets ETF has a one year low of $32.99 and a one year high of $42.88. The stock has a market cap of $9.56 billion, a PE ratio of 13.05 and a beta of 0.81. The business’s fifty day moving average price is $39.98 and its two-hundred day moving average price is $38.50.

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.