Valmark Advisers Inc. decreased its position in shares of SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM – Free Report) by 3.4% in the fourth quarter, HoldingsChannel reports. The firm owned 522,126 shares of the company’s stock after selling 18,580 shares during the quarter. Valmark Advisers Inc.’s holdings in SPDR Portfolio Emerging Markets ETF were worth $20,034,000 at the end of the most recent reporting period.
Other institutional investors have also recently made changes to their positions in the company. Archer Investment Corp bought a new position in shares of SPDR Portfolio Emerging Markets ETF in the 3rd quarter valued at about $39,000. Strategic Wealth Investment Group LLC bought a new position in shares of SPDR Portfolio Emerging Markets ETF in the 4th quarter valued at about $46,000. Blue Trust Inc. lifted its holdings in shares of SPDR Portfolio Emerging Markets ETF by 474.2% in the 4th quarter. Blue Trust Inc. now owns 2,274 shares of the company’s stock valued at $94,000 after acquiring an additional 1,878 shares during the last quarter. McClarren Financial Advisors Inc. lifted its holdings in shares of SPDR Portfolio Emerging Markets ETF by 583.2% in the 3rd quarter. McClarren Financial Advisors Inc. now owns 2,569 shares of the company’s stock valued at $106,000 after acquiring an additional 2,193 shares during the last quarter. Finally, Fortitude Family Office LLC bought a new position in shares of SPDR Portfolio Emerging Markets ETF in the 4th quarter valued at about $121,000.
SPDR Portfolio Emerging Markets ETF Trading Up 0.6 %
Shares of NYSEARCA:SPEM opened at $40.01 on Friday. SPDR Portfolio Emerging Markets ETF has a 12 month low of $34.98 and a 12 month high of $42.88. The company has a 50-day moving average price of $38.88 and a 200 day moving average price of $39.27. The company has a market cap of $9.50 billion, a price-to-earnings 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.
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