MB Generational Wealth LLC Cuts Position in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM)

MB Generational Wealth LLC trimmed its holdings in shares of SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) by 13.7% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 15,986 shares of the company’s stock after selling 2,536 shares during the period. SPDR Portfolio Emerging Markets ETF comprises 0.4% of MB Generational Wealth LLC’s investment portfolio, making the stock its 28th largest position. MB Generational Wealth LLC’s holdings in SPDR Portfolio Emerging Markets ETF were worth $613,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of SPEM. State Street Corp lifted its position in SPDR Portfolio Emerging Markets ETF by 10.4% during the third quarter. State Street Corp now owns 6,290,419 shares of the company’s stock valued at $259,668,000 after buying an additional 591,019 shares in the last quarter. LPL Financial LLC lifted its position in SPDR Portfolio Emerging Markets ETF by 5.2% during the third quarter. LPL Financial LLC now owns 9,644,278 shares of the company’s stock valued at $398,116,000 after buying an additional 476,292 shares in the last quarter. Life Planning Partners Inc lifted its position in shares of SPDR Portfolio Emerging Markets ETF by 3,737.0% during the fourth quarter. Life Planning Partners Inc now owns 431,778 shares of the company’s stock worth $16,567,000 after purchasing an additional 420,525 shares in the last quarter. Tidal Investments LLC acquired a new position in shares of SPDR Portfolio Emerging Markets ETF during the third quarter worth $13,246,000. Finally, Onyx Bridge Wealth Group LLC lifted its position in shares of SPDR Portfolio Emerging Markets ETF by 694.6% during the fourth quarter. Onyx Bridge Wealth Group LLC now owns 264,312 shares of the company’s stock worth $10,142,000 after purchasing an additional 231,050 shares in the last quarter.

SPDR Portfolio Emerging Markets ETF Trading Down 0.2 %

NYSEARCA SPEM opened at $40.35 on Friday. The company’s fifty day simple moving average is $38.86 and its 200-day simple moving average is $39.37. SPDR Portfolio Emerging Markets ETF has a 52 week low of $35.00 and a 52 week high of $42.88. The stock has a market cap of $10.54 billion, a P/E ratio of 14.32 and a beta of 0.66.

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.