SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) Shares Sold by Ballentine Partners LLC

Ballentine Partners LLC lowered its holdings in shares of SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) by 2.8% during the fourth quarter, HoldingsChannel.com reports. The firm owned 508,176 shares of the company’s stock after selling 14,460 shares during the period. Ballentine Partners LLC’s holdings in SPDR Portfolio Emerging Markets ETF were worth $19,499,000 at the end of the most recent reporting period.

Other institutional investors also recently bought and sold shares of the company. State Street Corp boosted its stake in shares of SPDR Portfolio Emerging Markets ETF by 10.4% in the third quarter. State Street Corp now owns 6,290,419 shares of the company’s stock worth $259,668,000 after acquiring an additional 591,019 shares during the last quarter. LPL Financial LLC lifted its stake in shares of SPDR Portfolio Emerging Markets ETF by 5.2% in the third quarter. LPL Financial LLC now owns 9,644,278 shares of the company’s stock worth $398,116,000 after buying an additional 476,292 shares in the last quarter. Thrivent Financial for Lutherans boosted its position in SPDR Portfolio Emerging Markets ETF by 71.4% during the second quarter. Thrivent Financial for Lutherans now owns 920,076 shares of the company’s stock worth $34,659,000 after acquiring an additional 383,320 shares during the last quarter. Tidal Investments LLC purchased a new stake in SPDR Portfolio Emerging Markets ETF during the 3rd quarter valued at about $13,246,000. Finally, Magnolia Capital Advisors LLC acquired a new stake in SPDR Portfolio Emerging Markets ETF in the 2nd quarter valued at about $10,530,000.

SPDR Portfolio Emerging Markets ETF Price Performance

SPEM opened at $38.26 on Tuesday. The company’s 50 day simple moving average is $39.05 and its two-hundred day simple moving average is $39.18. The firm has a market capitalization of $9.08 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 $33.72 and a 1-year high of $42.88.

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.