Silver Oak Securities Incorporated cut its holdings in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM – Free Report) by 20.6% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 4,815 shares of the company’s stock after selling 1,247 shares during the quarter. Silver Oak Securities Incorporated’s holdings in SPDR Portfolio Emerging Markets ETF were worth $185,000 as of its most recent SEC filing.
A number of other institutional investors and hedge funds have also recently bought and sold shares of SPEM. Archer Investment Corp acquired a new position in shares of SPDR Portfolio Emerging Markets ETF during the 3rd quarter worth $39,000. Strategic Wealth Investment Group LLC purchased a new stake in SPDR Portfolio Emerging Markets ETF during the fourth quarter worth about $46,000. Blue Trust Inc. grew its position in SPDR Portfolio Emerging Markets ETF by 474.2% during the fourth quarter. Blue Trust Inc. now owns 2,274 shares of the company’s stock worth $94,000 after buying an additional 1,878 shares during the period. McClarren Financial Advisors Inc. increased its holdings in SPDR Portfolio Emerging Markets ETF by 583.2% in the third quarter. McClarren Financial Advisors Inc. now owns 2,569 shares of the company’s stock valued at $106,000 after buying an additional 2,193 shares in the last quarter. Finally, Fortitude Family Office LLC acquired a new stake in shares of SPDR Portfolio Emerging Markets ETF during the 4th quarter valued at approximately $121,000.
SPDR Portfolio Emerging Markets ETF Price Performance
SPEM opened at $39.18 on Monday. SPDR Portfolio Emerging Markets ETF has a 1-year low of $34.30 and a 1-year high of $42.88. The stock has a market cap of $9.30 billion, a P/E ratio of 13.05 and a beta of 0.81. The stock’s 50 day simple moving average is $38.91 and its 200 day simple moving average is $39.20.
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.
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