Cozad Asset Management Inc. Sells 985 Shares of SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM)

Cozad Asset Management Inc. lessened its stake in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) by 4.0% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 23,802 shares of the company’s stock after selling 985 shares during the period. Cozad Asset Management Inc.’s holdings in SPDR Portfolio Emerging Markets ETF were worth $983,000 at the end of the most recent quarter.

A number of other hedge funds have also added to or reduced their stakes in SPEM. Rothschild Investment LLC bought a new position in shares of SPDR Portfolio Emerging Markets ETF in the 2nd quarter worth approximately $27,000. Lynx Investment Advisory bought a new stake in shares of SPDR Portfolio Emerging Markets ETF during the 2nd quarter valued at $35,000. Hershey Financial Advisers LLC bought a new position in SPDR Portfolio Emerging Markets ETF in the 2nd quarter worth $49,000. Strategic Financial Concepts LLC raised its stake in shares of SPDR Portfolio Emerging Markets ETF by 649.3% in the second quarter. Strategic Financial Concepts LLC now owns 148,707 shares of the company’s stock worth $56,000 after buying an additional 128,861 shares during the period. Finally, American National Bank lifted its holdings in SPDR Portfolio Emerging Markets ETF by 132.0% during the second quarter. American National Bank now owns 1,793 shares of the company’s stock valued at $68,000 after purchasing an additional 1,020 shares in the last quarter.

SPDR Portfolio Emerging Markets ETF Price Performance

Shares of NYSEARCA SPEM opened at $41.43 on Friday. The stock has a market cap of $9.84 billion, a PE ratio of 13.05 and a beta of 0.81. The firm has a fifty day moving average price of $40.17 and a 200-day moving average price of $38.63. SPDR Portfolio Emerging Markets ETF has a 1 year low of $33.48 and a 1 year 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.