Paradigm Strategies in Wealth Management LLC Has $303,000 Stake in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM)

Paradigm Strategies in Wealth Management LLC trimmed its position in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) by 34.1% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 8,035 shares of the company’s stock after selling 4,165 shares during the quarter. Paradigm Strategies in Wealth Management LLC’s holdings in SPDR Portfolio Emerging Markets ETF were worth $303,000 at the end of the most recent reporting period.

Other large investors have also modified their holdings of the company. American National Bank lifted its holdings in shares of SPDR Portfolio Emerging Markets ETF by 179.0% during the fourth quarter. American National Bank now owns 809 shares of the company’s stock valued at $29,000 after acquiring an additional 519 shares during the period. Frazier Financial Advisors LLC acquired a new stake in shares of SPDR Portfolio Emerging Markets ETF in the fourth quarter valued at $32,000. Lynx Investment Advisory acquired a new stake in shares of SPDR Portfolio Emerging Markets ETF in the second quarter valued at $35,000. WASHINGTON TRUST Co acquired a new stake in shares of SPDR Portfolio Emerging Markets ETF in the first quarter valued at $44,000. Finally, LRI Investments LLC acquired a new stake in shares of SPDR Portfolio Emerging Markets ETF in the first quarter valued at $101,000.

SPDR Portfolio Emerging Markets ETF Price Performance

Shares of NYSEARCA:SPEM traded up $0.10 during midday trading on Friday, reaching $38.59. The company’s stock had a trading volume of 744,678 shares, compared to its average volume of 1,574,337. SPDR Portfolio Emerging Markets ETF has a fifty-two week low of $32.06 and a fifty-two week high of $39.32. The company has a market capitalization of $9.16 billion, a P/E ratio of 13.05 and a beta of 0.81. The business’s fifty day simple moving average is $38.02 and its 200-day simple moving average is $37.17.

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.