Walkner Condon Financial Advisors LLC Has $2.66 Million Stake in SPDR Portfolio Emerging Markets ETF $SPEM

Walkner Condon Financial Advisors LLC trimmed its stake in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) by 13.7% in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 62,198 shares of the company’s stock after selling 9,886 shares during the quarter. Walkner Condon Financial Advisors LLC’s holdings in SPDR Portfolio Emerging Markets ETF were worth $2,658,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the stock. Truist Financial Corp grew its stake in SPDR Portfolio Emerging Markets ETF by 10.1% in the second quarter. Truist Financial Corp now owns 96,702 shares of the company’s stock valued at $4,133,000 after purchasing an additional 8,909 shares in the last quarter. Focus Financial Network Inc. lifted its holdings in shares of SPDR Portfolio Emerging Markets ETF by 3.8% during the 2nd quarter. Focus Financial Network Inc. now owns 7,195 shares of the company’s stock valued at $307,000 after buying an additional 263 shares during the last quarter. Janney Montgomery Scott LLC acquired a new stake in shares of SPDR Portfolio Emerging Markets ETF during the 2nd quarter valued at about $1,182,000. Goldman Sachs Group Inc. grew its stake in shares of SPDR Portfolio Emerging Markets ETF by 6.6% in the 1st quarter. Goldman Sachs Group Inc. now owns 104,799 shares of the company’s stock valued at $4,126,000 after buying an additional 6,463 shares in the last quarter. Finally, Ameritas Advisory Services LLC acquired a new position in SPDR Portfolio Emerging Markets ETF in the second quarter worth approximately $100,000.

SPDR Portfolio Emerging Markets ETF Stock Performance

Shares of SPEM opened at $46.93 on Friday. The firm has a market cap of $14.49 billion, a PE ratio of 15.39 and a beta of 0.56. SPDR Portfolio Emerging Markets ETF has a twelve month low of $34.38 and a twelve month high of $48.56. The firm’s 50 day moving average price is $46.64 and its 200 day moving average price is $43.82.

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.