Global Strategic Investment Solutions LLC Cuts Position in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM)

Global Strategic Investment Solutions LLC reduced its holdings in shares of SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) by 0.6% in the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 694,503 shares of the company’s stock after selling 4,400 shares during the quarter. SPDR Portfolio Emerging Markets ETF makes up approximately 3.4% of Global Strategic Investment Solutions LLC’s holdings, making the stock its 8th biggest position. Global Strategic Investment Solutions LLC owned approximately 0.29% of SPDR Portfolio Emerging Markets ETF worth $28,669,000 at the end of the most recent quarter.

A number of other institutional investors have also made changes to their positions in the business. WealthPLAN Partners LLC increased its position in SPDR Portfolio Emerging Markets ETF by 3.5% during the first quarter. WealthPLAN Partners LLC now owns 8,398 shares of the company’s stock worth $304,000 after buying an additional 282 shares during the last quarter. United Asset Strategies Inc. lifted its holdings in SPDR Portfolio Emerging Markets ETF by 4.1% during the 2nd quarter. United Asset Strategies Inc. now owns 7,507 shares of the company’s stock valued at $283,000 after purchasing an additional 298 shares during the last quarter. Verus Capital Partners LLC boosted its position in SPDR Portfolio Emerging Markets ETF by 1.8% during the first quarter. Verus Capital Partners LLC now owns 17,201 shares of the company’s stock worth $623,000 after purchasing an additional 302 shares during the period. Epic Trust Investment Advisors LLC increased its holdings in shares of SPDR Portfolio Emerging Markets ETF by 3.4% in the second quarter. Epic Trust Investment Advisors LLC now owns 9,367 shares of the company’s stock valued at $353,000 after purchasing an additional 304 shares during the last quarter. Finally, Beacon Bridge Wealth Partners LLC raised its position in shares of SPDR Portfolio Emerging Markets ETF by 0.9% in the second quarter. Beacon Bridge Wealth Partners LLC now owns 36,566 shares of the company’s stock valued at $1,377,000 after purchasing an additional 313 shares during the period.

SPDR Portfolio Emerging Markets ETF Stock Performance

Shares of SPEM stock traded up $0.78 during midday trading on Thursday, hitting $41.40. 414,546 shares of the company were exchanged, compared to its average volume of 1,575,769. The firm has a market capitalization of $9.83 billion, a P/E ratio of 13.05 and a beta of 0.81. SPDR Portfolio Emerging Markets ETF has a 52 week low of $33.48 and a 52 week high of $42.88. The firm’s 50 day moving average price is $40.11 and its two-hundred day moving average price is $38.61.

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.