Balentine LLC trimmed its position in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM – Free Report) by 9.8% in the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor owned 6,924 shares of the company’s stock after selling 750 shares during the period. Balentine LLC’s holdings in SPDR Portfolio Emerging Markets ETF were worth $266,000 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. Stifel Financial Corp grew its position in shares of SPDR Portfolio Emerging Markets ETF by 6.7% in the 3rd quarter. Stifel Financial Corp now owns 64,565 shares of the company’s stock worth $2,665,000 after acquiring an additional 4,049 shares in the last quarter. Forbes J M & Co. LLP boosted its position in SPDR Portfolio Emerging Markets ETF by 0.7% during the 4th quarter. Forbes J M & Co. LLP now owns 265,153 shares of the company’s stock valued at $10,174,000 after purchasing an additional 1,728 shares during the period. Advisory Resource Group grew its stake in SPDR Portfolio Emerging Markets ETF by 5.4% during the 3rd quarter. Advisory Resource Group now owns 60,213 shares of the company’s stock worth $2,486,000 after buying an additional 3,068 shares during the last quarter. Blue Trust Inc. increased its position in SPDR Portfolio Emerging Markets ETF by 474.2% in the fourth quarter. Blue Trust Inc. now owns 2,274 shares of the company’s stock worth $94,000 after buying an additional 1,878 shares during the period. Finally, JPMorgan Chase & Co. lifted its stake in SPDR Portfolio Emerging Markets ETF by 3.1% in the third quarter. JPMorgan Chase & Co. now owns 637,654 shares of the company’s stock valued at $26,322,000 after buying an additional 19,370 shares during the last quarter.
SPDR Portfolio Emerging Markets ETF Price Performance
SPDR Portfolio Emerging Markets ETF stock opened at $39.60 on Tuesday. SPDR Portfolio Emerging Markets ETF has a 12-month low of $34.30 and a 12-month high of $42.88. The stock has a market capitalization of $9.40 billion, a PE ratio of 13.05 and a beta of 0.81. The firm has a 50 day simple moving average of $38.91 and a 200-day simple moving average of $39.21.
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.
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