Meeder Advisory Services Inc. lowered its holdings in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM – Free Report) by 4.9% during the 4th quarter, HoldingsChannel.com reports. The firm owned 583,833 shares of the company’s stock after selling 30,146 shares during the quarter. SPDR Portfolio Emerging Markets ETF makes up about 1.4% of Meeder Advisory Services Inc.’s portfolio, making the stock its 13th biggest holding. Meeder Advisory Services Inc.’s holdings in SPDR Portfolio Emerging Markets ETF were worth $22,402,000 at the end of the most recent reporting period.
A number of other hedge funds and other institutional investors have also made changes to their positions in the business. Headlands Technologies LLC acquired a new position in SPDR Portfolio Emerging Markets ETF in the fourth quarter worth approximately $26,000. IMG Wealth Management Inc. bought a new stake in shares of SPDR Portfolio Emerging Markets ETF during the 4th quarter worth $27,000. Compass Planning Associates Inc bought a new stake in shares of SPDR Portfolio Emerging Markets ETF during the 4th quarter worth $28,000. Strategic Wealth Investment Group LLC acquired a new position in shares of SPDR Portfolio Emerging Markets ETF in the 4th quarter worth $46,000. Finally, Rialto Wealth Management LLC acquired a new stake in shares of SPDR Portfolio Emerging Markets ETF during the fourth quarter worth $60,000.
SPDR Portfolio Emerging Markets ETF Stock Up 0.4 %
NYSEARCA:SPEM opened at $39.53 on Wednesday. The stock has a fifty day simple moving average of $39.53 and a 200 day simple moving average of $39.71. The firm has a market capitalization of $10.45 billion, a price-to-earnings ratio of 14.84 and a beta of 0.67. SPDR Portfolio Emerging Markets ETF has a 1-year low of $35.00 and a 1-year high of $42.88.
About SPDR Portfolio Emerging Markets ETF
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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Want to see what other hedge funds are holding SPEM? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM – Free Report).
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