ST Germain D J Co. Inc. Sells 100,293 Shares of SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM)

ST Germain D J Co. Inc. decreased its stake in shares of SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) by 15.0% during the fourth quarter, according to the company in its most recent filing with the SEC. The fund owned 568,267 shares of the company’s stock after selling 100,293 shares during the period. SPDR Portfolio Emerging Markets ETF accounts for about 1.0% of ST Germain D J Co. Inc.’s holdings, making the stock its 25th largest position. ST Germain D J Co. Inc. owned about 0.24% of SPDR Portfolio Emerging Markets ETF worth $21,804,000 as of its most recent filing with the SEC.

Other institutional investors have also made changes to their positions in the company. Bahl & Gaynor Inc. bought a new stake in SPDR Portfolio Emerging Markets ETF during the second quarter valued at about $212,000. Meeder Advisory Services Inc. boosted its stake in SPDR Portfolio Emerging Markets ETF by 43.7% during the 2nd quarter. Meeder Advisory Services Inc. now owns 626,029 shares of the company’s stock valued at $23,583,000 after purchasing an additional 190,371 shares during the period. CoreCap Advisors LLC acquired a new stake in SPDR Portfolio Emerging Markets ETF in the 2nd quarter valued at approximately $472,000. Wrapmanager Inc. increased its position in SPDR Portfolio Emerging Markets ETF by 2.5% in the 2nd quarter. Wrapmanager Inc. now owns 162,159 shares of the company’s stock worth $6,109,000 after buying an additional 3,918 shares during the period. Finally, Envestnet Asset Management Inc. lifted its holdings in shares of SPDR Portfolio Emerging Markets ETF by 6.9% during the second quarter. Envestnet Asset Management Inc. now owns 4,995,049 shares of the company’s stock worth $188,164,000 after buying an additional 323,995 shares during the last quarter.

SPDR Portfolio Emerging Markets ETF Price Performance

Shares of SPDR Portfolio Emerging Markets ETF stock traded down $0.73 during midday trading on Friday, hitting $37.31. The company had a trading volume of 528,469 shares, compared to its average volume of 1,732,284. SPDR Portfolio Emerging Markets ETF has a 1-year low of $33.52 and a 1-year high of $42.88. The business’s 50 day simple moving average is $39.45 and its two-hundred day simple moving average is $39.16. The stock has a market cap of $8.86 billion, a PE ratio of 13.05 and a beta of 0.81.

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.