ARQ Wealth Advisors LLC Sells 19,815 Shares of SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM)

ARQ Wealth Advisors LLC trimmed its stake in shares of SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) by 16.9% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 97,640 shares of the company’s stock after selling 19,815 shares during the quarter. SPDR Portfolio Emerging Markets ETF accounts for about 1.4% of ARQ Wealth Advisors LLC’s holdings, making the stock its 25th largest position. ARQ Wealth Advisors LLC’s holdings in SPDR Portfolio Emerging Markets ETF were worth $3,746,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also recently modified their holdings of the company. Tallon Kerry Patrick bought a new position in shares of SPDR Portfolio Emerging Markets ETF in the 4th quarter worth $491,000. Private Wealth Group LLC grew its stake in shares of SPDR Portfolio Emerging Markets ETF by 6.8% in the fourth quarter. Private Wealth Group LLC now owns 10,363 shares of the company’s stock worth $398,000 after purchasing an additional 661 shares during the last quarter. Lifestyle Asset Management Inc. raised its holdings in shares of SPDR Portfolio Emerging Markets ETF by 2.6% during the fourth quarter. Lifestyle Asset Management Inc. now owns 27,948 shares of the company’s stock valued at $1,072,000 after acquiring an additional 721 shares in the last quarter. New Century Financial Group LLC lifted its position in shares of SPDR Portfolio Emerging Markets ETF by 18.4% in the 4th quarter. New Century Financial Group LLC now owns 24,317 shares of the company’s stock worth $935,000 after purchasing an additional 3,776 shares during the period. Finally, Brighton Jones LLC bought a new stake in SPDR Portfolio Emerging Markets ETF during the 4th quarter valued at approximately $289,000.

SPDR Portfolio Emerging Markets ETF Trading Up 0.4%

Shares of SPDR Portfolio Emerging Markets ETF stock opened at $41.63 on Friday. SPDR Portfolio Emerging Markets ETF has a 12 month low of $34.38 and a 12 month high of $42.88. The business has a fifty day simple moving average of $39.29 and a two-hundred day simple moving average of $39.28. The firm has a market capitalization of $11.43 billion, a P/E ratio of 14.73 and a beta of 0.56.

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.