Woodmont Investment Counsel LLC Reduces Position in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM)

Woodmont Investment Counsel LLC lessened its holdings in shares of SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) by 0.5% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 333,313 shares of the company’s stock after selling 1,549 shares during the period. SPDR Portfolio Emerging Markets ETF accounts for approximately 1.0% of Woodmont Investment Counsel LLC’s investment portfolio, making the stock its 25th biggest position. Woodmont Investment Counsel LLC owned about 0.14% of SPDR Portfolio Emerging Markets ETF worth $13,759,000 as of its most recent SEC filing.

Several other large investors also recently bought and sold shares of SPEM. Rothschild Investment LLC purchased a new stake in shares of SPDR Portfolio Emerging Markets ETF in the 2nd quarter valued at approximately $27,000. Lynx Investment Advisory purchased a new stake in shares of SPDR Portfolio Emerging Markets ETF in the 2nd quarter valued at approximately $35,000. Hershey Financial Advisers LLC purchased a new stake in shares of SPDR Portfolio Emerging Markets ETF in the 2nd quarter valued at approximately $49,000. Strategic Financial Concepts LLC grew its stake in shares of SPDR Portfolio Emerging Markets ETF by 649.3% in the 2nd quarter. Strategic Financial Concepts LLC now owns 148,707 shares of the company’s stock valued at $56,000 after buying an additional 128,861 shares during the period. Finally, American National Bank grew its stake in shares of SPDR Portfolio Emerging Markets ETF by 132.0% in the 2nd quarter. American National Bank now owns 1,793 shares of the company’s stock valued at $68,000 after buying an additional 1,020 shares during the period.

SPDR Portfolio Emerging Markets ETF Price Performance

SPDR Portfolio Emerging Markets ETF stock opened at $40.62 on Thursday. The stock has a market cap of $9.64 billion, a price-to-earnings ratio of 13.05 and a beta of 0.81. The firm has a 50 day simple moving average of $40.11 and a 200-day simple moving average of $38.61. SPDR Portfolio Emerging Markets ETF has a 1-year low of $33.48 and a 1-year 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.