Redwood Investment Management LLC Has $220,000 Position in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM)

Redwood Investment Management LLC cut its stake in shares of SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) by 10.2% in the 1st quarter, according to its most recent Form 13F filing with the SEC. The fund owned 6,086 shares of the company’s stock after selling 690 shares during the period. Redwood Investment Management LLC’s holdings in SPDR Portfolio Emerging Markets ETF were worth $220,000 as of its most recent filing with the SEC.

Several other large investors have also recently bought and sold shares of SPEM. Wells Fargo & Company MN boosted its position in SPDR Portfolio Emerging Markets ETF by 38.2% during the fourth quarter. Wells Fargo & Company MN now owns 2,491,923 shares of the company’s stock valued at $88,239,000 after purchasing an additional 688,304 shares during the last quarter. Creative Planning lifted its position in shares of SPDR Portfolio Emerging Markets ETF by 2.0% in the fourth quarter. Creative Planning now owns 25,451,348 shares of the company’s stock valued at $901,232,000 after buying an additional 504,808 shares during the last quarter. Heritage Wealth Management LLC acquired a new stake in shares of SPDR Portfolio Emerging Markets ETF in the fourth quarter valued at approximately $16,842,000. TIAA Trust National Association lifted its position in shares of SPDR Portfolio Emerging Markets ETF by 8.1% in the fourth quarter. TIAA Trust National Association now owns 5,107,031 shares of the company’s stock valued at $180,840,000 after buying an additional 382,150 shares during the last quarter. Finally, Connectus Wealth LLC lifted its position in shares of SPDR Portfolio Emerging Markets ETF by 4,278.9% in the fourth quarter. Connectus Wealth LLC now owns 341,638 shares of the company’s stock valued at $12,110,000 after buying an additional 333,836 shares during the last quarter.

SPDR Portfolio Emerging Markets ETF Trading Down 0.5 %

Shares of SPEM traded down $0.18 during mid-day trading on Thursday, reaching $37.95. The company’s stock had a trading volume of 101,251 shares, compared to its average volume of 1,609,879. SPDR Portfolio Emerging Markets ETF has a 1-year low of $32.06 and a 1-year high of $39.32. The stock has a market cap of $9.01 billion, a P/E ratio of 13.05 and a beta of 0.81. The business has a 50-day simple moving average of $37.99 and a two-hundred day simple moving average of $36.65.

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.