MBA Advisors LLC Decreases Stock Position in SPDR Portfolio Emerging Markets ETF $SPEM

MBA Advisors LLC trimmed its holdings in shares of SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) by 9.7% in the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 43,084 shares of the company’s stock after selling 4,646 shares during the period. SPDR Portfolio Emerging Markets ETF accounts for about 0.8% of MBA Advisors LLC’s holdings, making the stock its 28th largest holding. MBA Advisors LLC’s holdings in SPDR Portfolio Emerging Markets ETF were worth $1,841,000 as of its most recent SEC filing.

Other institutional investors also recently bought and sold shares of the company. Knuff & Co LLC purchased a new stake in shares of SPDR Portfolio Emerging Markets ETF in the 1st quarter valued at about $29,000. Brooklyn Investment Group purchased a new stake in SPDR Portfolio Emerging Markets ETF during the 1st quarter valued at approximately $32,000. Wayfinding Financial LLC purchased a new stake in SPDR Portfolio Emerging Markets ETF during the 1st quarter valued at approximately $36,000. Tsfg LLC increased its position in SPDR Portfolio Emerging Markets ETF by 267.4% during the 1st quarter. Tsfg LLC now owns 992 shares of the company’s stock worth $39,000 after purchasing an additional 722 shares during the period. Finally, Webster Bank N. A. acquired a new position in SPDR Portfolio Emerging Markets ETF during the 2nd quarter worth approximately $40,000.

SPDR Portfolio Emerging Markets ETF Trading Up 0.8%

NYSEARCA SPEM opened at $46.63 on Tuesday. The business’s 50 day moving average is $44.79 and its two-hundred day moving average is $42.11. SPDR Portfolio Emerging Markets ETF has a 12-month low of $34.38 and a 12-month high of $47.21. The stock has a market capitalization of $13.57 billion, a price-to-earnings ratio of 15.39 and a beta of 0.68.

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.