Nwam LLC lowered its stake in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM – Free Report) by 47.6% in the fourth quarter, Holdings Channel reports. The fund owned 18,204 shares of the company’s stock after selling 16,518 shares during the quarter. Nwam LLC’s holdings in SPDR Portfolio Emerging Markets ETF were worth $899,000 at the end of the most recent reporting period.
A number of other institutional investors and hedge funds have also recently made changes to their positions in the stock. Hantz Financial Services Inc. raised its holdings in SPDR Portfolio Emerging Markets ETF by 2,031.0% in the 3rd quarter. Hantz Financial Services Inc. now owns 618 shares of the company’s stock valued at $27,000 after buying an additional 589 shares during the last quarter. First Horizon Corp bought a new position in SPDR Portfolio Emerging Markets ETF in the 3rd quarter valued at approximately $29,000. Front Row Advisors LLC raised its holdings in SPDR Portfolio Emerging Markets ETF by 147.9% in the 3rd quarter. Front Row Advisors LLC now owns 771 shares of the company’s stock valued at $36,000 after buying an additional 460 shares during the last quarter. Stone House Investment Management LLC bought a new position in SPDR Portfolio Emerging Markets ETF in the 3rd quarter valued at approximately $40,000. Finally, Signaturefd LLC bought a new position in SPDR Portfolio Emerging Markets ETF in the 4th quarter valued at approximately $40,000.
SPDR Portfolio Emerging Markets ETF Price Performance
Shares of NYSEARCA SPEM opened at $52.50 on Tuesday. The company has a 50 day simple moving average of $48.86 and a 200 day simple moving average of $48.40. The firm has a market cap of $18.00 billion, a PE ratio of 15.39 and a beta of 0.60. SPDR Portfolio Emerging Markets ETF has a 1 year low of $40.67 and a 1 year high of $53.03.
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.
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Want to see what other hedge funds are holding SPEM? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM – Free Report).
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