Iron Horse Wealth Management LLC Cuts Stock Holdings in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM)

Iron Horse Wealth Management LLC lowered its position in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) by 50.8% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 2,349 shares of the company’s stock after selling 2,427 shares during the period. Iron Horse Wealth Management LLC’s holdings in SPDR Portfolio Emerging Markets ETF were worth $85,000 at the end of the most recent reporting period.

Other large investors also recently made changes to their positions in the company. Creative Planning lifted its position in shares of SPDR Portfolio Emerging Markets ETF by 2.0% during the 4th quarter. Creative Planning now owns 25,451,348 shares of the company’s stock worth $901,232,000 after buying an additional 504,808 shares in the last quarter. Allworth Financial LP boosted its position in SPDR Portfolio Emerging Markets ETF by 2.5% in the fourth quarter. Allworth Financial LP now owns 5,948,847 shares of the company’s stock worth $210,649,000 after purchasing an additional 144,613 shares during the last quarter. TIAA Trust National Association grew its stake in SPDR Portfolio Emerging Markets ETF by 8.1% in the 4th quarter. TIAA Trust National Association now owns 5,107,031 shares of the company’s stock valued at $180,840,000 after purchasing an additional 382,150 shares during the period. Envestnet Asset Management Inc. raised its stake in shares of SPDR Portfolio Emerging Markets ETF by 5.2% during the 4th quarter. Envestnet Asset Management Inc. now owns 4,745,065 shares of the company’s stock worth $168,023,000 after purchasing an additional 232,533 shares during the period. Finally, Ameriprise Financial Inc. boosted its holdings in shares of SPDR Portfolio Emerging Markets ETF by 6.9% in the 3rd quarter. Ameriprise Financial Inc. now owns 4,642,270 shares of the company’s stock worth $155,882,000 after buying an additional 299,484 shares during the last quarter.

SPDR Portfolio Emerging Markets ETF Stock Up 0.3 %

NYSEARCA SPEM traded up $0.10 during trading hours on Friday, reaching $37.67. 1,943,359 shares of the company were exchanged, compared to its average volume of 1,666,769. The stock has a market capitalization of $8.94 billion, a P/E ratio of 13.05 and a beta of 0.81. SPDR Portfolio Emerging Markets ETF has a 1 year low of $32.06 and a 1 year high of $38.84. The business’s 50 day simple moving average is $37.61 and its 200-day simple moving average is $36.12.

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.