Hobbs Group Advisors LLC trimmed its holdings in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM – Free Report) by 47.2% during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 4,880 shares of the company’s stock after selling 4,354 shares during the quarter. Hobbs Group Advisors LLC’s holdings in SPDR Portfolio Emerging Markets ETF were worth $209,000 at the end of the most recent quarter.
A number of other institutional investors have also modified their holdings of SPEM. Knuff & Co LLC acquired a new position in shares of SPDR Portfolio Emerging Markets ETF in the 1st quarter valued at $29,000. Brooklyn Investment Group acquired a new position in shares of SPDR Portfolio Emerging Markets ETF in the 1st quarter valued at $32,000. Wayfinding Financial LLC acquired a new position in shares of SPDR Portfolio Emerging Markets ETF in the 1st quarter valued at $36,000. Sachetta LLC increased its holdings in shares of SPDR Portfolio Emerging Markets ETF by 2,263.9% in the 2nd quarter. Sachetta LLC now owns 851 shares of the company’s stock valued at $36,000 after acquiring an additional 815 shares during the period. Finally, Tsfg LLC increased its holdings in shares of SPDR Portfolio Emerging Markets ETF by 267.4% in the 1st quarter. Tsfg LLC now owns 992 shares of the company’s stock valued at $39,000 after acquiring an additional 722 shares during the period.
SPDR Portfolio Emerging Markets ETF Price Performance
Shares of SPDR Portfolio Emerging Markets ETF stock opened at $45.45 on Friday. The firm’s fifty day simple moving average is $45.42 and its 200-day simple moving average is $42.52. The stock has a market capitalization of $13.98 billion, a price-to-earnings ratio of 15.39 and a beta of 0.68. SPDR Portfolio Emerging Markets ETF has a 12 month low of $34.38 and a 12 month high of $47.67.
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.
Further Reading
- Five stocks we like better than SPDR Portfolio Emerging Markets ETF
- Pros And Cons Of Monthly Dividend Stocks
- Bassett Furniture: Buy Now, Sit Back, and Collect Dividends
- Following Congress Stock Trades
- AST SpaceMobile’s Big Win: Shares Soar on New Deal With Verizon
- Health Care Stocks Explained: Why You Might Want to Invest
- Catch the Next Bitcoin Rally With These 3 ETFs
Receive News & Ratings for SPDR Portfolio Emerging Markets ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for SPDR Portfolio Emerging Markets ETF and related companies with MarketBeat.com's FREE daily email newsletter.
