Simon Quick Advisors LLC Sells 1,224 Shares of SPDR Portfolio Emerging Markets ETF $SPEM

Simon Quick Advisors LLC lowered its holdings in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) by 2.1% in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 57,481 shares of the company’s stock after selling 1,224 shares during the period. Simon Quick Advisors LLC’s holdings in SPDR Portfolio Emerging Markets ETF were worth $2,457,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also added to or reduced their stakes in SPEM. Brighton Jones LLC bought a new position in SPDR Portfolio Emerging Markets ETF in the fourth quarter valued at $289,000. Golden State Wealth Management LLC grew its position in SPDR Portfolio Emerging Markets ETF by 66.1% in the first quarter. Golden State Wealth Management LLC now owns 7,133 shares of the company’s stock valued at $281,000 after purchasing an additional 2,839 shares in the last quarter. FSM Wealth Advisors LLC bought a new position in SPDR Portfolio Emerging Markets ETF in the first quarter valued at $338,000. Novem Group grew its position in SPDR Portfolio Emerging Markets ETF by 10.6% in the first quarter. Novem Group now owns 35,598 shares of the company’s stock valued at $1,401,000 after purchasing an additional 3,418 shares in the last quarter. Finally, Revisor Wealth Management LLC grew its position in SPDR Portfolio Emerging Markets ETF by 89.2% in the first quarter. Revisor Wealth Management LLC now owns 138,600 shares of the company’s stock valued at $5,457,000 after purchasing an additional 65,347 shares in the last quarter.

SPDR Portfolio Emerging Markets ETF Trading Down 1.0%

SPDR Portfolio Emerging Markets ETF stock opened at $47.83 on Friday. The company has a market cap of $14.71 billion, a P/E ratio of 15.39 and a beta of 0.56. SPDR Portfolio Emerging Markets ETF has a 1-year low of $34.38 and a 1-year high of $48.56. The company has a fifty day simple moving average of $46.37 and a 200 day simple moving average of $43.48.

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.