SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) Shares Sold by Clear Rock Advisors LLC

Clear Rock Advisors LLC lowered its position in shares of SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) by 5.3% in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 13,643 shares of the company’s stock after selling 767 shares during the period. Clear Rock Advisors LLC’s holdings in SPDR Portfolio Emerging Markets ETF were worth $494,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently modified their holdings of SPEM. Cetera Investment Advisers grew its stake in shares of SPDR Portfolio Emerging Markets ETF by 282.1% during the first quarter. Cetera Investment Advisers now owns 1,380,536 shares of the company’s stock worth $49,962,000 after purchasing an additional 1,019,272 shares in the last quarter. Jane Street Group LLC lifted its position in SPDR Portfolio Emerging Markets ETF by 44.4% in the first quarter. Jane Street Group LLC now owns 2,431,196 shares of the company’s stock valued at $87,985,000 after acquiring an additional 747,277 shares during the last quarter. Wells Fargo & Company MN lifted its position in SPDR Portfolio Emerging Markets ETF by 38.2% in the fourth quarter. Wells Fargo & Company MN now owns 2,491,923 shares of the company’s stock valued at $88,239,000 after acquiring an additional 688,304 shares during the last quarter. Creative Planning lifted its position in SPDR Portfolio Emerging Markets ETF by 2.0% in the fourth quarter. Creative Planning now owns 25,451,348 shares of the company’s stock valued at $901,232,000 after acquiring an additional 504,808 shares during the last quarter. Finally, Heritage Wealth Management LLC purchased a new stake in SPDR Portfolio Emerging Markets ETF in the fourth quarter valued at $16,842,000.

SPDR Portfolio Emerging Markets ETF Stock Down 1.2 %

SPEM traded down $0.46 on Friday, reaching $37.03. The company had a trading volume of 2,119,552 shares, compared to its average volume of 1,624,306. SPDR Portfolio Emerging Markets ETF has a 1 year low of $32.06 and a 1 year high of $39.32. The stock has a market capitalization of $8.79 billion, a PE ratio of 13.05 and a beta of 0.81. The stock has a 50-day moving average price of $37.95 and a 200-day moving average price of $36.67.

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.