Orin Green Financial LLC Cuts Position in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM)

Orin Green Financial LLC trimmed its stake in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) by 3.2% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 22,841 shares of the company’s stock after selling 766 shares during the period. Orin Green Financial LLC’s holdings in SPDR Portfolio Emerging Markets ETF were worth $876,000 at the end of the most recent quarter.

A number of other hedge funds have also recently made changes to their positions in SPEM. Headlands Technologies LLC purchased a new position in SPDR Portfolio Emerging Markets ETF in the fourth quarter valued at about $26,000. IMG Wealth Management Inc. purchased a new stake in shares of SPDR Portfolio Emerging Markets ETF during the fourth quarter valued at about $27,000. Compass Planning Associates Inc purchased a new stake in shares of SPDR Portfolio Emerging Markets ETF during the fourth quarter valued at about $28,000. Strategic Wealth Investment Group LLC bought a new stake in shares of SPDR Portfolio Emerging Markets ETF in the 4th quarter valued at about $46,000. Finally, Bernard Wealth Management Corp. purchased a new position in shares of SPDR Portfolio Emerging Markets ETF in the 4th quarter worth approximately $50,000.

SPDR Portfolio Emerging Markets ETF Stock Up 0.4%

NYSEARCA SPEM opened at $41.63 on Friday. The firm has a market cap of $11.43 billion, a PE ratio of 14.73 and a beta of 0.56. The company has a 50 day moving average price of $39.29 and a 200 day moving average price of $39.28. SPDR Portfolio Emerging Markets ETF has a 52 week low of $34.38 and a 52 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.