Rodgers & Associates LTD Lowers Stock Holdings in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM)

Rodgers & Associates LTD lowered its stake in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) by 1.5% during the fourth quarter, Holdings Channel.com reports. The fund owned 343,027 shares of the company’s stock after selling 5,297 shares during the quarter. SPDR Portfolio Emerging Markets ETF comprises 1.6% of Rodgers & Associates LTD’s investment portfolio, making the stock its 23rd biggest position. Rodgers & Associates LTD’s holdings in SPDR Portfolio Emerging Markets ETF were worth $13,162,000 as of its most recent SEC filing.

Several other institutional investors also recently bought and sold shares of the company. State Street Corp grew its stake in SPDR Portfolio Emerging Markets ETF by 10.4% during the 3rd quarter. State Street Corp now owns 6,290,419 shares of the company’s stock valued at $259,668,000 after acquiring an additional 591,019 shares in the last quarter. LPL Financial LLC grew its stake in shares of SPDR Portfolio Emerging Markets ETF by 5.2% in the third quarter. LPL Financial LLC now owns 9,644,278 shares of the company’s stock valued at $398,116,000 after buying an additional 476,292 shares in the last quarter. Tidal Investments LLC acquired a new position in SPDR Portfolio Emerging Markets ETF during the 3rd quarter worth about $13,246,000. Magnolia Capital Advisors LLC purchased a new position in SPDR Portfolio Emerging Markets ETF during the 2nd quarter valued at about $10,530,000. Finally, Assetmark Inc. boosted its stake in shares of SPDR Portfolio Emerging Markets ETF by 10.2% in the third quarter. Assetmark Inc. now owns 2,212,515 shares of the company’s stock valued at $91,333,000 after purchasing an additional 204,960 shares during the period.

SPDR Portfolio Emerging Markets ETF Trading Up 0.5 %

NYSEARCA:SPEM opened at $38.78 on Friday. SPDR Portfolio Emerging Markets ETF has a 12-month low of $33.94 and a 12-month high of $42.88. The firm has a market cap of $9.21 billion, a PE ratio of 13.05 and a beta of 0.81. The stock has a fifty day moving average price of $39.02 and a 200 day moving average price of $39.17.

About SPDR Portfolio Emerging Markets ETF

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.