VisionPoint Advisory Group LLC Has $286,000 Position in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM)

VisionPoint Advisory Group LLC cut its holdings in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) by 13.2% during the fourth quarter, HoldingsChannel reports. The firm owned 7,479 shares of the company’s stock after selling 1,141 shares during the period. VisionPoint Advisory Group LLC’s holdings in SPDR Portfolio Emerging Markets ETF were worth $286,000 as of its most recent filing with the SEC.

Several other large investors have also made changes to their positions in the business. Raymond James & Associates lifted its holdings in shares of SPDR Portfolio Emerging Markets ETF by 8.9% during the third quarter. Raymond James & Associates now owns 258,992 shares of the company’s stock worth $10,691,000 after buying an additional 21,119 shares during the last quarter. BayBridge Capital Group LLC increased its position in SPDR Portfolio Emerging Markets ETF by 1.1% during the third quarter. BayBridge Capital Group LLC now owns 60,910 shares of the company’s stock worth $2,514,000 after acquiring an additional 666 shares during the period. Allworth Financial LP raised its stake in SPDR Portfolio Emerging Markets ETF by 1.1% during the 3rd quarter. Allworth Financial LP now owns 6,297,465 shares of the company’s stock valued at $259,959,000 after purchasing an additional 67,205 shares during the last quarter. Outlook Wealth Advisors LLC boosted its holdings in SPDR Portfolio Emerging Markets ETF by 2.6% in the 3rd quarter. Outlook Wealth Advisors LLC now owns 43,886 shares of the company’s stock valued at $1,812,000 after purchasing an additional 1,114 shares during the period. Finally, Modera Wealth Management LLC acquired a new stake in SPDR Portfolio Emerging Markets ETF in the 3rd quarter worth $244,000.

SPDR Portfolio Emerging Markets ETF Stock Performance

NYSEARCA:SPEM opened at $40.35 on Friday. The firm’s 50-day moving average is $38.86 and its 200-day moving average is $39.34. The company has a market cap of $9.58 billion, a price-to-earnings ratio of 13.05 and a beta of 0.81. SPDR Portfolio Emerging Markets ETF has a 52-week low of $35.00 and a 52-week high of $42.88.

SPDR Portfolio Emerging Markets ETF 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.