Gilman Hill Asset Management LLC Cuts Position in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM)

Gilman Hill Asset Management LLC lessened its holdings in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) by 2.4% during the third quarter, Holdings Channel.com reports. The firm owned 14,475 shares of the company’s stock after selling 350 shares during the quarter. Gilman Hill Asset Management LLC’s holdings in SPDR Portfolio Emerging Markets ETF were worth $598,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also bought and sold shares of SPEM. LPL Financial LLC grew its holdings in shares of SPDR Portfolio Emerging Markets ETF by 2.4% during the second quarter. LPL Financial LLC now owns 9,167,986 shares of the company’s stock valued at $345,358,000 after buying an additional 218,418 shares during the last quarter. TIAA Trust National Association boosted its holdings in SPDR Portfolio Emerging Markets ETF by 6.1% in the first quarter. TIAA Trust National Association now owns 5,419,849 shares of the company’s stock worth $196,144,000 after purchasing an additional 312,818 shares during the last quarter. Envestnet Asset Management Inc. boosted its holdings in SPDR Portfolio Emerging Markets ETF by 6.9% in the second quarter. Envestnet Asset Management Inc. now owns 4,995,049 shares of the company’s stock worth $188,164,000 after purchasing an additional 323,995 shares during the last quarter. Jane Street Group LLC boosted its holdings in SPDR Portfolio Emerging Markets ETF by 44.4% in the first quarter. Jane Street Group LLC now owns 2,431,196 shares of the company’s stock worth $87,985,000 after purchasing an additional 747,277 shares during the last quarter. Finally, Bank of New York Mellon Corp boosted its holdings in SPDR Portfolio Emerging Markets ETF by 1.4% in the second quarter. Bank of New York Mellon Corp now owns 2,283,140 shares of the company’s stock worth $86,006,000 after purchasing an additional 31,453 shares during the last quarter.

SPDR Portfolio Emerging Markets ETF Trading Up 0.6 %

Shares of SPEM stock opened at $41.54 on Monday. SPDR Portfolio Emerging Markets ETF has a 12-month low of $32.06 and a 12-month high of $42.88. The stock has a market capitalization of $9.86 billion, a P/E ratio of 13.05 and a beta of 0.81. The firm’s 50 day moving average is $39.09 and its 200 day moving average is $38.05.

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.