Global Financial Private Client LLC lowered its position in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM – Free Report) by 2.2% during the 4th quarter, Holdings Channel.com reports. The firm owned 52,070 shares of the company’s stock after selling 1,181 shares during the quarter. SPDR Portfolio Emerging Markets ETF accounts for about 0.7% of Global Financial Private Client LLC’s investment portfolio, making the stock its 26th biggest position. Global Financial Private Client LLC’s holdings in SPDR Portfolio Emerging Markets ETF were worth $1,998,000 as of its most recent SEC filing.
Other hedge funds also recently made changes to their positions in the company. Signal Advisors Wealth LLC grew its holdings in SPDR Portfolio Emerging Markets ETF by 3,380.5% in the 4th quarter. Signal Advisors Wealth LLC now owns 188,367 shares of the company’s stock worth $7,228,000 after buying an additional 182,955 shares in the last quarter. Professional Financial Advisors LLC increased its holdings in shares of SPDR Portfolio Emerging Markets ETF by 3.0% during the fourth quarter. Professional Financial Advisors LLC now owns 16,149 shares of the company’s stock valued at $620,000 after purchasing an additional 477 shares during the period. Signet Financial Management LLC raised its stake in shares of SPDR Portfolio Emerging Markets ETF by 0.5% during the fourth quarter. Signet Financial Management LLC now owns 189,087 shares of the company’s stock valued at $7,255,000 after purchasing an additional 905 shares in the last quarter. Catalyst Private Wealth LLC lifted its holdings in SPDR Portfolio Emerging Markets ETF by 4.3% in the fourth quarter. Catalyst Private Wealth LLC now owns 15,853 shares of the company’s stock worth $608,000 after purchasing an additional 660 shares during the period. Finally, Abound Wealth Management grew its position in SPDR Portfolio Emerging Markets ETF by 420.2% in the 4th quarter. Abound Wealth Management now owns 3,418 shares of the company’s stock valued at $131,000 after buying an additional 2,761 shares in the last quarter.
SPDR Portfolio Emerging Markets ETF Trading Down 0.7 %
SPEM stock opened at $37.07 on Tuesday. The firm’s 50-day moving average is $39.33 and its two-hundred day moving average is $39.18. The company has a market capitalization of $8.80 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 $33.52 and a 52 week high of $42.88.
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.
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