SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) Shares Sold by Global Financial Private Client LLC

Global Financial Private Client LLC trimmed its position in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) by 2.2% in the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor owned 52,070 shares of the company’s stock after selling 1,181 shares during the period. SPDR Portfolio Emerging Markets ETF accounts for about 0.7% of Global Financial Private Client LLC’s investment portfolio, making the stock its 26th biggest holding. Global Financial Private Client LLC’s holdings in SPDR Portfolio Emerging Markets ETF were worth $1,998,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the company. Envestnet Asset Management Inc. raised its position in shares of SPDR Portfolio Emerging Markets ETF by 6.9% during the 2nd quarter. Envestnet Asset Management Inc. now owns 4,995,049 shares of the company’s stock valued at $188,164,000 after acquiring an additional 323,995 shares in the last quarter. One Capital Management LLC lifted its position in shares of SPDR Portfolio Emerging Markets ETF by 140.1% in the 2nd quarter. One Capital Management LLC now owns 37,549 shares of the company’s stock worth $1,414,000 after buying an additional 21,910 shares during the last quarter. Perennial Investment Advisors LLC boosted its holdings in shares of SPDR Portfolio Emerging Markets ETF by 3.9% in the 2nd quarter. Perennial Investment Advisors LLC now owns 67,025 shares of the company’s stock valued at $2,525,000 after buying an additional 2,542 shares during the period. Axxcess Wealth Management LLC grew its position in shares of SPDR Portfolio Emerging Markets ETF by 4.0% during the 2nd quarter. Axxcess Wealth Management LLC now owns 533,597 shares of the company’s stock valued at $20,101,000 after buying an additional 20,597 shares during the last quarter. Finally, Glass Jacobson Investment Advisors llc raised its stake in SPDR Portfolio Emerging Markets ETF by 7.2% during the second quarter. Glass Jacobson Investment Advisors llc now owns 19,080 shares of the company’s stock worth $719,000 after acquiring an additional 1,282 shares during the period.

SPDR Portfolio Emerging Markets ETF Stock Down 0.7 %

Shares of SPEM stock opened at $37.07 on Tuesday. The company has a market cap of $8.80 billion, a P/E ratio of 13.05 and a beta of 0.81. The business has a 50 day moving average of $39.33 and a two-hundred day moving average of $39.18. SPDR Portfolio Emerging Markets ETF has a 52 week low of $33.52 and a 52 week high of $42.88.

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.