SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) Shares Sold by Koshinski Asset Management Inc.

Koshinski Asset Management Inc. lowered its position in shares of SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) by 2.1% in the 4th quarter, HoldingsChannel reports. The institutional investor owned 56,111 shares of the company’s stock after selling 1,180 shares during the period. Koshinski Asset Management Inc.’s holdings in SPDR Portfolio Emerging Markets ETF were worth $2,153,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently bought and sold shares of SPEM. Benjamin F. Edwards & Company Inc. boosted its position in shares of 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 valued at $635,000 after purchasing an additional 435 shares in the last quarter. AE Wealth Management LLC lifted its stake in SPDR Portfolio Emerging Markets ETF by 17.2% during the second quarter. AE Wealth Management LLC now owns 90,117 shares of the company’s stock valued at $3,395,000 after purchasing an additional 13,207 shares during the last quarter. Thrivent Financial for Lutherans boosted its holdings 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 buying an additional 383,320 shares in the last quarter. Bank of Montreal Can grew its position 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 worth $367,000 after buying an additional 3,510 shares during the last quarter. Finally, Daymark Wealth Partners LLC acquired a new stake in shares of SPDR Portfolio Emerging Markets ETF during the 2nd quarter valued at $5,271,000.

SPDR Portfolio Emerging Markets ETF Stock Up 0.9 %

SPEM opened at $38.26 on Tuesday. The business has a fifty day simple moving average of $39.05 and a 200-day simple moving average of $39.18. The firm has a market cap of $9.08 billion, a PE ratio of 13.05 and a beta of 0.81. SPDR Portfolio Emerging Markets ETF has a fifty-two week low of $33.72 and a fifty-two week high of $42.88.

SPDR Portfolio Emerging Markets ETF 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.