Advisory Alpha LLC Sells 52,130 Shares of SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM)

Advisory Alpha LLC lessened its position in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) by 4.5% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 1,112,922 shares of the company’s stock after selling 52,130 shares during the period. SPDR Portfolio Emerging Markets ETF accounts for 1.5% of Advisory Alpha LLC’s investment portfolio, making the stock its 18th biggest position. Advisory Alpha LLC’s holdings in SPDR Portfolio Emerging Markets ETF were worth $42,705,000 at the end of the most recent reporting period.

Other hedge funds also recently bought and sold shares of the company. Occidental Asset Management LLC raised its position in shares of SPDR Portfolio Emerging Markets ETF by 0.7% in the 4th quarter. Occidental Asset Management LLC now owns 46,414 shares of the company’s stock worth $1,781,000 after acquiring an additional 312 shares in the last quarter. Hofer & Associates. Inc increased its holdings in SPDR Portfolio Emerging Markets ETF by 1.2% in the 3rd quarter. Hofer & Associates. Inc now owns 27,976 shares of the company’s stock worth $1,155,000 after buying an additional 332 shares in the last quarter. City State Bank raised its holdings in shares of SPDR Portfolio Emerging Markets ETF by 1.6% during the fourth quarter. City State Bank now owns 21,271 shares of the company’s stock valued at $816,000 after purchasing an additional 335 shares during the last quarter. Carnegie Investment Counsel increased its position in SPDR Portfolio Emerging Markets ETF by 2.6% during the fourth quarter. Carnegie Investment Counsel now owns 13,151 shares of the company’s stock valued at $505,000 after acquiring an additional 335 shares during the last quarter. Finally, Boston Mountain Money Management Inc. boosted its holdings in shares of SPDR Portfolio Emerging Markets ETF by 0.5% in the third quarter. Boston Mountain Money Management Inc. now owns 79,282 shares of the company’s stock worth $3,273,000 after buying an additional 376 shares during the last quarter.

SPDR Portfolio Emerging Markets ETF Price Performance

Shares of SPEM stock opened at $38.59 on Wednesday. The firm has a fifty day moving average price of $39.05 and a 200-day moving average price of $39.18. SPDR Portfolio Emerging Markets ETF has a 1 year low of $33.78 and a 1 year high of $42.88. The company has a market cap of $9.16 billion, a price-to-earnings ratio of 13.05 and a beta of 0.81.

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.