Gladstone Institutional Advisory LLC Cuts Stock Position in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM)

Gladstone Institutional Advisory LLC lessened its position in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) by 12.9% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 77,745 shares of the company’s stock after selling 11,471 shares during the quarter. Gladstone Institutional Advisory LLC’s holdings in SPDR Portfolio Emerging Markets ETF were worth $2,983,000 at the end of the most recent reporting period.

Several other hedge funds have also recently bought and sold shares of the company. LPL Financial LLC lifted its position in shares of SPDR Portfolio Emerging Markets ETF by 5.2% during the third quarter. LPL Financial LLC now owns 9,644,278 shares of the company’s stock worth $398,116,000 after purchasing an additional 476,292 shares in the last quarter. Allworth Financial LP increased its stake in SPDR Portfolio Emerging Markets ETF by 1.1% during the 3rd quarter. Allworth Financial LP now owns 6,297,465 shares of the company’s stock worth $259,959,000 after buying an additional 67,205 shares during the period. State Street Corp increased its stake in SPDR Portfolio Emerging Markets ETF by 10.4% during the 3rd quarter. State Street Corp now owns 6,290,419 shares of the company’s stock worth $259,668,000 after buying an additional 591,019 shares during the period. Assetmark Inc. increased its stake in SPDR Portfolio Emerging Markets ETF by 10.2% during the 3rd quarter. Assetmark Inc. now owns 2,212,515 shares of the company’s stock worth $91,333,000 after buying an additional 204,960 shares during the period. Finally, Townsquare Capital LLC lifted its holdings in SPDR Portfolio Emerging Markets ETF by 6.5% during the 3rd quarter. Townsquare Capital LLC now owns 2,154,446 shares of the company’s stock worth $88,936,000 after buying an additional 132,008 shares in the last quarter.

SPDR Portfolio Emerging Markets ETF Trading Up 0.6 %

SPDR Portfolio Emerging Markets ETF stock opened at $39.61 on Thursday. The firm has a market capitalization of $9.40 billion, a P/E ratio of 13.05 and a beta of 0.81. SPDR Portfolio Emerging Markets ETF has a twelve month low of $34.30 and a twelve month high of $42.88. The stock’s fifty day simple moving average is $38.90 and its 200-day simple moving average is $39.24.

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.