Legacy Capital Group California Inc. Has $1.95 Million Stake in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM)

Legacy Capital Group California Inc. lowered its stake in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) by 2.3% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 51,686 shares of the company’s stock after selling 1,219 shares during the period. SPDR Portfolio Emerging Markets ETF accounts for 0.7% of Legacy Capital Group California Inc.’s portfolio, making the stock its 24th largest position. Legacy Capital Group California Inc.’s holdings in SPDR Portfolio Emerging Markets ETF were worth $1,947,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors have also recently bought and sold shares of the company. American National Bank increased its position in SPDR Portfolio Emerging Markets ETF by 179.0% in the fourth quarter. American National Bank now owns 809 shares of the company’s stock worth $29,000 after purchasing an additional 519 shares during the period. Frazier Financial Advisors LLC bought a new position in shares of SPDR Portfolio Emerging Markets ETF in the 4th quarter valued at about $32,000. Lynx Investment Advisory acquired a new stake in shares of SPDR Portfolio Emerging Markets ETF during the 2nd quarter worth approximately $35,000. WASHINGTON TRUST Co bought a new stake in shares of SPDR Portfolio Emerging Markets ETF during the first quarter worth approximately $44,000. Finally, LRI Investments LLC acquired a new position in SPDR Portfolio Emerging Markets ETF in the first quarter valued at approximately $101,000.

SPDR Portfolio Emerging Markets ETF Price Performance

Shares of SPDR Portfolio Emerging Markets ETF stock traded down $0.37 on Tuesday, hitting $38.53. 916,461 shares of the company’s stock traded hands, compared to its average volume of 1,603,954. The firm’s 50-day moving average price is $37.94 and its two-hundred day moving average price is $36.99. The stock has a market capitalization of $9.15 billion, a PE ratio of 13.05 and a beta of 0.81. SPDR Portfolio Emerging Markets ETF has a one year low of $32.06 and a one year high of $39.32.

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.