Private Wealth Group LLC Sells 926 Shares of SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM)

Private Wealth Group LLC cut its holdings in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) by 8.7% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 9,702 shares of the company’s stock after selling 926 shares during the period. Private Wealth Group LLC’s holdings in SPDR Portfolio Emerging Markets ETF were worth $400,000 at the end of the most recent reporting period.

A number of other large investors have also recently bought and sold shares of SPEM. Rothschild Investment LLC bought a new stake in SPDR Portfolio Emerging Markets ETF in the second quarter worth $27,000. Lynx Investment Advisory bought a new stake in SPDR Portfolio Emerging Markets ETF during the second quarter valued at about $35,000. Hershey Financial Advisers LLC bought a new stake in SPDR Portfolio Emerging Markets ETF during the second quarter valued at about $49,000. Strategic Financial Concepts LLC boosted its holdings in SPDR Portfolio Emerging Markets ETF by 649.3% during the second quarter. Strategic Financial Concepts LLC now owns 148,707 shares of the company’s stock valued at $56,000 after acquiring an additional 128,861 shares during the period. Finally, American National Bank boosted its holdings in SPDR Portfolio Emerging Markets ETF by 132.0% during the second quarter. American National Bank now owns 1,793 shares of the company’s stock valued at $68,000 after acquiring an additional 1,020 shares during the period.

SPDR Portfolio Emerging Markets ETF Price Performance

SPEM stock opened at $40.24 on Friday. SPDR Portfolio Emerging Markets ETF has a 52-week low of $32.99 and a 52-week high of $42.88. The company has a 50-day moving average of $39.98 and a two-hundred day moving average of $38.48. The stock has a market capitalization of $9.55 billion, a price-to-earnings 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.