Larson Financial Group LLC reduced its position in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM – Free Report) by 7.9% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 59,504 shares of the company’s stock after selling 5,097 shares during the quarter. Larson Financial Group LLC’s holdings in SPDR Portfolio Emerging Markets ETF were worth $2,283,000 at the end of the most recent reporting period.
Several other hedge funds have also recently added to or reduced their stakes in the company. PNC Financial Services Group Inc. raised its holdings in shares of SPDR Portfolio Emerging Markets ETF by 57.9% during the 4th quarter. PNC Financial Services Group Inc. now owns 191,664 shares of the company’s stock worth $7,354,000 after acquiring an additional 70,309 shares during the period. Banco Santander S.A. raised its holdings in shares of SPDR Portfolio Emerging Markets ETF by 6.7% during the 4th quarter. Banco Santander S.A. now owns 347,719 shares of the company’s stock worth $13,342,000 after acquiring an additional 21,932 shares during the period. Novus Advisors LLC purchased a new position in shares of SPDR Portfolio Emerging Markets ETF during the 4th quarter worth $2,684,000. K2 Financial Inc. purchased a new position in shares of SPDR Portfolio Emerging Markets ETF during the 4th quarter worth $318,000. Finally, Vestmark Advisory Solutions Inc. raised its holdings in shares of SPDR Portfolio Emerging Markets ETF by 164.6% during the 4th quarter. Vestmark Advisory Solutions Inc. now owns 211,256 shares of the company’s stock worth $8,106,000 after acquiring an additional 131,419 shares during the period.
SPDR Portfolio Emerging Markets ETF Stock Up 0.3 %
NYSEARCA SPEM opened at $39.95 on Friday. SPDR Portfolio Emerging Markets ETF has a 52 week low of $35.00 and a 52 week high of $42.88. The business’s fifty day simple moving average is $38.93 and its 200-day simple moving average is $39.50. The firm has a market cap of $10.43 billion, a PE ratio of 14.32 and a beta of 0.66.
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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