Simon Quick Advisors LLC Has $2.32 Million Stock Position in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM)

Simon Quick Advisors LLC cut its holdings in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) by 14.4% during the fourth quarter, Holdings Channel.com reports. The firm owned 60,446 shares of the company’s stock after selling 10,144 shares during the quarter. Simon Quick Advisors LLC’s holdings in SPDR Portfolio Emerging Markets ETF were worth $2,319,000 as of its most recent SEC filing.

Other institutional investors have also made changes to their positions in the company. Benjamin F. Edwards & Company Inc. lifted its position in SPDR Portfolio Emerging Markets ETF by 2.6% during the 2nd quarter. Benjamin F. Edwards & Company Inc. now owns 16,856 shares of the company’s stock worth $635,000 after buying an additional 435 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 valued at $34,659,000 after purchasing an additional 383,320 shares during the last quarter. Bank of Montreal Can grew its stake in SPDR Portfolio Emerging Markets ETF by 56.4% in the second quarter. Bank of Montreal Can now owns 9,734 shares of the company’s stock valued at $367,000 after purchasing an additional 3,510 shares in the last quarter. Daymark Wealth Partners LLC acquired a new position in shares of SPDR Portfolio Emerging Markets ETF during the 2nd quarter worth approximately $5,271,000. Finally, Magnolia Capital Advisors LLC bought a new stake in shares of SPDR Portfolio Emerging Markets ETF during the 2nd quarter worth approximately $10,530,000.

SPDR Portfolio Emerging Markets ETF Trading Up 0.9 %

NYSEARCA SPEM opened at $38.59 on Wednesday. SPDR Portfolio Emerging Markets ETF has a 12 month low of $33.78 and a 12 month high of $42.88. The stock has a 50 day moving average of $39.05 and a 200-day moving average of $39.18. The company has a market cap of $9.16 billion, a PE ratio of 13.05 and a beta of 0.81.

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.