Choreo LLC Sells 2,704 Shares of SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM)

Choreo LLC lowered its stake in shares of SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) by 3.5% during the 4th quarter, according to its most recent filing with the SEC. The firm owned 75,431 shares of the company’s stock after selling 2,704 shares during the period. Choreo LLC’s holdings in SPDR Portfolio Emerging Markets ETF were worth $2,896,000 as of its most recent SEC filing.

A number of other institutional investors have also recently made changes to their positions in SPEM. Archer Investment Corp purchased a new position in shares of SPDR Portfolio Emerging Markets ETF during the third quarter valued at approximately $39,000. Strategic Wealth Investment Group LLC bought a new stake in SPDR Portfolio Emerging Markets ETF in the 4th quarter worth approximately $46,000. Blue Trust Inc. raised its stake in SPDR Portfolio Emerging Markets ETF by 474.2% during the 4th quarter. Blue Trust Inc. now owns 2,274 shares of the company’s stock valued at $94,000 after buying an additional 1,878 shares during the last quarter. McClarren Financial Advisors Inc. lifted its holdings in shares of SPDR Portfolio Emerging Markets ETF by 583.2% during the 3rd quarter. McClarren Financial Advisors Inc. now owns 2,569 shares of the company’s stock valued at $106,000 after buying an additional 2,193 shares during the period. Finally, Fortitude Family Office LLC purchased a new position in shares of SPDR Portfolio Emerging Markets ETF in the 4th quarter worth $121,000.

SPDR Portfolio Emerging Markets ETF Stock Performance

Shares of NYSEARCA:SPEM opened at $39.17 on Friday. The stock’s 50-day simple moving average is $38.91 and its two-hundred day simple moving average is $39.18. The stock has a market capitalization of $9.30 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 $34.30 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.