Johnson Investment Counsel Inc. cut its position in shares of SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM – Free Report) by 16.0% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 8,627 shares of the company’s stock after selling 1,640 shares during the period. Johnson Investment Counsel Inc.’s holdings in SPDR Portfolio Emerging Markets ETF were worth $331,000 as of its most recent SEC filing.
Several other institutional investors have also bought and sold shares of the business. Compass Planning Associates Inc purchased a new position in shares of SPDR Portfolio Emerging Markets ETF during the fourth quarter valued at approximately $28,000. Archer Investment Corp purchased a new position in shares of SPDR Portfolio Emerging Markets ETF in the 3rd quarter worth approximately $39,000. Strategic Wealth Investment Group LLC acquired a new position in shares of SPDR Portfolio Emerging Markets ETF during the fourth quarter worth $46,000. Rialto Wealth Management LLC acquired a new position in SPDR Portfolio Emerging Markets ETF during the 4th quarter valued at about $60,000. Finally, SBI Securities Co. Ltd. purchased a new stake in SPDR Portfolio Emerging Markets ETF in the fourth quarter valued at about $64,000.
SPDR Portfolio Emerging Markets ETF Stock Down 0.4 %
SPEM opened at $39.35 on Friday. The company has a market cap of $10.40 billion, a P/E ratio of 14.80 and a beta of 0.67. The firm’s 50-day moving average price is $39.00 and its 200-day moving average price is $39.52. SPDR Portfolio Emerging Markets ETF has a 52-week low of $35.00 and a 52-week high of $42.88.
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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