Great Point Wealth Advisors LLC Has $3.94 Million Stock Position in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM)

Great Point Wealth Advisors LLC cut its holdings in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) by 0.7% during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 102,700 shares of the company’s stock after selling 713 shares during the quarter. SPDR Portfolio Emerging Markets ETF makes up 0.9% of Great Point Wealth Advisors LLC’s holdings, making the stock its 23rd biggest holding. Great Point Wealth Advisors LLC’s holdings in SPDR Portfolio Emerging Markets ETF were worth $3,941,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Stifel Financial Corp increased its position in SPDR Portfolio Emerging Markets ETF by 6.7% during the 3rd quarter. Stifel Financial Corp now owns 64,565 shares of the company’s stock worth $2,665,000 after purchasing an additional 4,049 shares in the last quarter. Advisory Resource Group raised its position in SPDR Portfolio Emerging Markets ETF by 5.4% in the third quarter. Advisory Resource Group now owns 60,213 shares of the company’s stock valued at $2,486,000 after purchasing an additional 3,068 shares during the last quarter. JPMorgan Chase & Co. boosted its stake in shares of SPDR Portfolio Emerging Markets ETF by 3.1% during the third quarter. JPMorgan Chase & Co. now owns 637,654 shares of the company’s stock valued at $26,322,000 after purchasing an additional 19,370 shares in the last quarter. Forbes Financial Planning Inc. grew its holdings in shares of SPDR Portfolio Emerging Markets ETF by 8.8% during the third quarter. Forbes Financial Planning Inc. now owns 73,136 shares of the company’s stock worth $3,019,000 after purchasing an additional 5,937 shares during the last quarter. Finally, Broadview Financial Management LLC increased its stake in shares of SPDR Portfolio Emerging Markets ETF by 24.4% in the third quarter. Broadview Financial Management LLC now owns 27,003 shares of the company’s stock valued at $1,115,000 after buying an additional 5,299 shares during the period.

SPDR Portfolio Emerging Markets ETF Price Performance

NYSEARCA:SPEM opened at $38.73 on Friday. SPDR Portfolio Emerging Markets ETF has a one year low of $33.94 and a one year high of $42.88. The company has a market cap of $9.19 billion, a PE ratio of 13.05 and a beta of 0.81. The firm’s 50 day simple moving average is $38.93 and its 200 day simple moving average is $39.17.

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.