SPDR Portfolio Emerging Markets ETF $SPEM Stock Position Decreased by Brown Financial Advisory

Brown Financial Advisory lessened its holdings in shares of SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) by 10.8% in the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 42,338 shares of the company’s stock after selling 5,114 shares during the period. SPDR Portfolio Emerging Markets ETF accounts for approximately 1.0% of Brown Financial Advisory’s holdings, making the stock its 12th biggest position. Brown Financial Advisory’s holdings in SPDR Portfolio Emerging Markets ETF were worth $1,810,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of SPEM. Jane Street Group LLC acquired a new position in SPDR Portfolio Emerging Markets ETF during the 1st quarter valued at about $57,992,000. 3EDGE Asset Management LP boosted its stake in SPDR Portfolio Emerging Markets ETF by 2,500.7% during the 1st quarter. 3EDGE Asset Management LP now owns 777,050 shares of the company’s stock valued at $30,598,000 after purchasing an additional 747,171 shares during the period. LPL Financial LLC boosted its stake in SPDR Portfolio Emerging Markets ETF by 6.1% during the 1st quarter. LPL Financial LLC now owns 10,706,453 shares of the company’s stock valued at $421,513,000 after purchasing an additional 620,049 shares during the period. Cerity Partners LLC boosted its stake in SPDR Portfolio Emerging Markets ETF by 24.6% during the 1st quarter. Cerity Partners LLC now owns 2,766,398 shares of the company’s stock valued at $108,913,000 after purchasing an additional 545,724 shares during the period. Finally, Envestnet Asset Management Inc. boosted its stake in SPDR Portfolio Emerging Markets ETF by 7.8% during the 1st quarter. Envestnet Asset Management Inc. now owns 6,361,844 shares of the company’s stock valued at $250,466,000 after purchasing an additional 461,936 shares during the period.

SPDR Portfolio Emerging Markets ETF Stock Down 0.9%

SPDR Portfolio Emerging Markets ETF stock opened at $46.31 on Wednesday. The firm has a 50-day moving average price of $45.55 and a two-hundred day moving average price of $42.61. The firm has a market capitalization of $14.24 billion, a price-to-earnings ratio of 15.39 and a beta of 0.68. SPDR Portfolio Emerging Markets ETF has a 52-week low of $34.38 and a 52-week high of $47.67.

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.