Ade LLC Sells 248 Shares of SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM)

Ade LLC reduced its stake in shares of SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) by 0.2% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 100,980 shares of the company’s stock after selling 248 shares during the period. SPDR Portfolio Emerging Markets ETF accounts for approximately 2.6% of Ade LLC’s portfolio, making the stock its 11th biggest holding. Ade LLC’s holdings in SPDR Portfolio Emerging Markets ETF were worth $4,168,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently made changes to their positions in SPEM. Rothschild Investment LLC bought a new stake in shares of SPDR Portfolio Emerging Markets ETF during the 2nd quarter worth $27,000. Lynx Investment Advisory acquired a new stake in shares of SPDR Portfolio Emerging Markets ETF in the second quarter valued at about $35,000. Hershey Financial Advisers LLC bought a new position in shares of SPDR Portfolio Emerging Markets ETF in the second quarter worth about $49,000. Strategic Financial Concepts LLC lifted its position in shares of SPDR Portfolio Emerging Markets ETF by 649.3% during the 2nd quarter. Strategic Financial Concepts LLC now owns 148,707 shares of the company’s stock worth $56,000 after purchasing an additional 128,861 shares during the last quarter. Finally, American National Bank boosted its stake in SPDR Portfolio Emerging Markets ETF by 132.0% during the 2nd quarter. American National Bank now owns 1,793 shares of the company’s stock valued at $68,000 after purchasing an additional 1,020 shares during the period.

SPDR Portfolio Emerging Markets ETF Trading Down 0.4 %

SPEM traded down $0.16 during midday trading on Wednesday, reaching $40.42. The company’s stock had a trading volume of 455,478 shares, compared to its average volume of 1,581,183. The company has a fifty day simple moving average of $39.88 and a 200 day simple moving average of $38.42. The stock has a market cap of $9.60 billion, a P/E ratio of 13.05 and a beta of 0.81. SPDR Portfolio Emerging Markets ETF has a twelve month low of $32.23 and a twelve month 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.