Towercrest Capital Management Has $5.87 Million Holdings in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM)

Towercrest Capital Management trimmed its position in shares of SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) by 17.7% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 142,207 shares of the company’s stock after selling 30,685 shares during the period. Towercrest Capital Management owned 0.06% of SPDR Portfolio Emerging Markets ETF worth $5,870,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also added to or reduced their stakes in the company. United Asset Strategies Inc. increased its holdings in SPDR Portfolio Emerging Markets ETF by 4.1% during the second quarter. United Asset Strategies Inc. now owns 7,507 shares of the company’s stock worth $283,000 after buying an additional 298 shares during the last quarter. Epic Trust Investment Advisors LLC increased its holdings in SPDR Portfolio Emerging Markets ETF by 3.4% during the second quarter. Epic Trust Investment Advisors LLC now owns 9,367 shares of the company’s stock worth $353,000 after buying an additional 304 shares during the last quarter. Beacon Bridge Wealth Partners LLC increased its holdings in SPDR Portfolio Emerging Markets ETF by 0.9% during the second quarter. Beacon Bridge Wealth Partners LLC now owns 36,566 shares of the company’s stock worth $1,377,000 after buying an additional 313 shares during the last quarter. Hofer & Associates. Inc increased its holdings in SPDR Portfolio Emerging Markets ETF by 1.2% during the third quarter. Hofer & Associates. Inc now owns 27,976 shares of the company’s stock worth $1,155,000 after buying an additional 332 shares during the last quarter. Finally, FSB Premier Wealth Management Inc. increased its holdings in SPDR Portfolio Emerging Markets ETF by 0.6% during the second quarter. FSB Premier Wealth Management Inc. now owns 56,917 shares of the company’s stock worth $2,144,000 after buying an additional 349 shares during the last quarter.

SPDR Portfolio Emerging Markets ETF Trading Down 0.1 %

Shares of SPEM opened at $39.29 on Friday. The company has a market cap of $9.33 billion, a price-to-earnings ratio of 13.05 and a beta of 0.81. SPDR Portfolio Emerging Markets ETF has a 1-year low of $33.52 and a 1-year high of $42.88. The company’s fifty day simple moving average is $40.49 and its 200 day simple moving average is $38.85.

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.