Signature Estate & Investment Advisors LLC Has $20.12 Million Position in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM)

Signature Estate & Investment Advisors LLC trimmed its stake in shares of SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEMFree Report) by 10.0% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 524,369 shares of the company’s stock after selling 58,044 shares during the quarter. Signature Estate & Investment Advisors LLC owned approximately 0.22% of SPDR Portfolio Emerging Markets ETF worth $20,120,000 at the end of the most recent reporting period.

A number of other institutional investors have also added to or reduced their stakes in the stock. IMG Wealth Management Inc. bought a new stake in shares of SPDR Portfolio Emerging Markets ETF during the fourth quarter worth about $27,000. Compass Planning Associates Inc bought a new stake in SPDR Portfolio Emerging Markets ETF during the 4th quarter worth approximately $28,000. Strategic Wealth Investment Group LLC bought a new stake in SPDR Portfolio Emerging Markets ETF during the 4th quarter worth approximately $46,000. Rialto Wealth Management LLC acquired a new position in SPDR Portfolio Emerging Markets ETF in the 4th quarter valued at approximately $60,000. Finally, SBI Securities Co. Ltd. bought a new position in shares of SPDR Portfolio Emerging Markets ETF during the fourth quarter valued at $64,000.

SPDR Portfolio Emerging Markets ETF Stock Up 0.2 %

Shares of NYSEARCA:SPEM opened at $40.10 on Tuesday. The firm has a market cap of $10.60 billion, a P/E ratio of 14.80 and a beta of 0.67. SPDR Portfolio Emerging Markets ETF has a 12-month low of $35.00 and a 12-month high of $42.88. The business has a fifty day simple moving average of $39.33 and a 200 day simple moving average of $39.63.

About SPDR Portfolio Emerging Markets ETF

(Free Report)

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.

Further Reading

Institutional Ownership by Quarter for SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM)

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