MJT & Associates Financial Advisory Group Inc. Sells 848 Shares of SPDR Portfolio Emerging Markets ETF $SPEM

MJT & Associates Financial Advisory Group Inc. decreased its position in shares of SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) by 7.4% during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 10,672 shares of the company’s stock after selling 848 shares during the quarter. SPDR Portfolio Emerging Markets ETF makes up 0.6% of MJT & Associates Financial Advisory Group Inc.’s holdings, making the stock its 23rd largest holding. MJT & Associates Financial Advisory Group Inc.’s holdings in SPDR Portfolio Emerging Markets ETF were worth $456,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Knuff & Co LLC bought a new position in shares of SPDR Portfolio Emerging Markets ETF during the 1st quarter worth $29,000. Brooklyn Investment Group purchased a new stake in shares of SPDR Portfolio Emerging Markets ETF during the 1st quarter worth $32,000. Wayfinding Financial LLC purchased a new stake in shares of SPDR Portfolio Emerging Markets ETF during the 1st quarter worth $36,000. Tsfg LLC lifted its stake in shares of 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 last quarter. Finally, Webster Bank N. A. purchased a new stake in shares of SPDR Portfolio Emerging Markets ETF during the 2nd quarter worth $40,000.

SPDR Portfolio Emerging Markets ETF Price Performance

Shares of NYSEARCA SPEM opened at $46.81 on Wednesday. The stock has a market capitalization of $13.62 billion, a P/E ratio of 15.39 and a beta of 0.68. SPDR Portfolio Emerging Markets ETF has a 1-year low of $34.38 and a 1-year high of $47.21. The business has a fifty day moving average price of $44.86 and a 200 day moving average price of $42.14.

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.