Cutler Investment Counsel LLC Has $37.60 Million Stock Position in SPDR Portfolio Emerging Markets ETF $SPEM

Cutler Investment Counsel LLC decreased its position in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) by 1.8% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 801,642 shares of the company’s stock after selling 14,957 shares during the period. SPDR Portfolio Emerging Markets ETF makes up 3.9% of Cutler Investment Counsel LLC’s holdings, making the stock its 4th biggest holding. Cutler Investment Counsel LLC owned about 0.23% of SPDR Portfolio Emerging Markets ETF worth $37,605,000 at the end of the most recent quarter.

A number of other institutional investors have also bought and sold shares of the company. AlTi Global Inc. acquired a new stake in SPDR Portfolio Emerging Markets ETF during the 1st quarter worth about $265,000. Balefire LLC lifted its stake in shares of SPDR Portfolio Emerging Markets ETF by 6.5% in the 1st quarter. Balefire LLC now owns 72,356 shares of the company’s stock valued at $3,394,000 after purchasing an additional 4,421 shares during the period. Paces Ferry Wealth Advisors LLC lifted its stake in shares of SPDR Portfolio Emerging Markets ETF by 4.1% in the 1st quarter. Paces Ferry Wealth Advisors LLC now owns 5,257 shares of the company’s stock valued at $247,000 after purchasing an additional 206 shares during the period. Hershey Financial Advisers LLC acquired a new position in SPDR Portfolio Emerging Markets ETF in the first quarter valued at approximately $200,000. Finally, Kesler Norman & Wride LLC lifted its stake in SPDR Portfolio Emerging Markets ETF by 44.5% in the first quarter. Kesler Norman & Wride LLC now owns 7,921 shares of the company’s stock valued at $372,000 after buying an additional 2,438 shares during the period.

SPDR Portfolio Emerging Markets ETF Stock Performance

SPDR Portfolio Emerging Markets ETF stock opened at $50.17 on Tuesday. The stock has a market capitalization of $16.98 billion, a price-to-earnings ratio of 15.39 and a beta of 0.60. SPDR Portfolio Emerging Markets ETF has a 52-week low of $42.66 and a 52-week high of $53.54. The stock’s 50 day moving average price is $51.66 and its two-hundred day moving average price is $50.01.

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.