ST Germain D J Co. Inc. Sells 2,788 Shares of SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM)

ST Germain D J Co. Inc. decreased its holdings in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) by 0.4% during the 1st quarter, according to the company in its most recent filing with the SEC. The fund owned 663,274 shares of the company’s stock after selling 2,788 shares during the period. SPDR Portfolio Emerging Markets ETF makes up about 1.2% of ST Germain D J Co. Inc.’s portfolio, making the stock its 21st biggest position. ST Germain D J Co. Inc. owned about 0.31% of SPDR Portfolio Emerging Markets ETF worth $24,004,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently modified their holdings of the business. Anchor Investment Management LLC acquired a new stake in shares of SPDR Portfolio Emerging Markets ETF during the 4th quarter valued at $28,000. American National Bank boosted its holdings in shares of SPDR Portfolio Emerging Markets ETF by 179.0% during the 4th quarter. American National Bank now owns 809 shares of the company’s stock valued at $29,000 after acquiring an additional 519 shares in the last quarter. Frazier Financial Advisors LLC acquired a new stake in shares of SPDR Portfolio Emerging Markets ETF during the 4th quarter valued at $32,000. Tsfg LLC acquired a new stake in shares of SPDR Portfolio Emerging Markets ETF during the 4th quarter valued at $70,000. Finally, Fortitude Family Office LLC acquired a new position in SPDR Portfolio Emerging Markets ETF during the 4th quarter worth about $82,000.

SPDR Portfolio Emerging Markets ETF Stock Up 0.8 %

SPEM traded up $0.29 during midday trading on Tuesday, hitting $38.38. 1,372,230 shares of the company were exchanged, compared to its average volume of 1,689,575. The firm has a market capitalization of $9.11 billion, a P/E ratio of 13.05 and a beta of 0.81. SPDR Portfolio Emerging Markets ETF has a 1-year low of $32.06 and a 1-year high of $38.84. The firm’s 50 day moving average price is $37.25 and its 200-day moving average price is $35.93.

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.