SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) Shares Sold by KWB Wealth

KWB Wealth decreased its position in shares of SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) by 13.0% during the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 469,447 shares of the company’s stock after selling 70,317 shares during the quarter. SPDR Portfolio Emerging Markets ETF makes up approximately 2.4% of KWB Wealth’s holdings, making the stock its 8th largest holding. KWB Wealth owned about 0.20% of SPDR Portfolio Emerging Markets ETF worth $19,379,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Archer Investment Corp bought a new stake in shares of SPDR Portfolio Emerging Markets ETF in the 3rd quarter valued at $39,000. Hershey Financial Advisers LLC acquired a new stake in shares of SPDR Portfolio Emerging Markets ETF in the 2nd quarter valued at about $49,000. McClarren Financial Advisors Inc. lifted its holdings in shares of SPDR Portfolio Emerging Markets ETF by 583.2% in the third quarter. McClarren Financial Advisors Inc. now owns 2,569 shares of the company’s stock valued at $106,000 after purchasing an additional 2,193 shares in the last quarter. Fortitude Family Office LLC acquired a new position in shares of SPDR Portfolio Emerging Markets ETF during the fourth quarter worth about $121,000. Finally, Abound Wealth Management grew its holdings in shares of SPDR Portfolio Emerging Markets ETF by 420.2% during the fourth quarter. Abound Wealth Management now owns 3,418 shares of the company’s stock worth $131,000 after buying an additional 2,761 shares in the last quarter.

SPDR Portfolio Emerging Markets ETF Stock Down 0.7 %

NYSEARCA SPEM opened at $37.07 on Tuesday. The firm’s 50 day moving average is $39.33 and its 200-day moving average is $39.18. SPDR Portfolio Emerging Markets ETF has a 12-month low of $33.52 and a 12-month high of $42.88. The company has a market capitalization of $8.80 billion, a PE ratio of 13.05 and a beta of 0.81.

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.