Strategic Investment Advisors MI Sells 2,474 Shares of SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM)

Strategic Investment Advisors MI lowered its position in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) by 11.4% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 19,318 shares of the company’s stock after selling 2,474 shares during the period. Strategic Investment Advisors MI’s holdings in SPDR Portfolio Emerging Markets ETF were worth $741,000 as of its most recent SEC filing.

Other large investors have also 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 bought a new stake in shares of SPDR Portfolio Emerging Markets ETF in the 2nd quarter valued at $49,000. McClarren Financial Advisors Inc. increased its position in shares of SPDR Portfolio Emerging Markets ETF by 583.2% in the 3rd quarter. McClarren Financial Advisors Inc. now owns 2,569 shares of the company’s stock valued at $106,000 after buying an additional 2,193 shares in the last quarter. Fortitude Family Office LLC bought a new stake in shares of SPDR Portfolio Emerging Markets ETF in the 4th quarter valued at $121,000. Finally, Abound Wealth Management increased its position in shares of SPDR Portfolio Emerging Markets ETF by 420.2% in the 4th quarter. Abound Wealth Management now owns 3,418 shares of the company’s stock valued at $131,000 after buying an additional 2,761 shares in the last quarter.

SPDR Portfolio Emerging Markets ETF Trading Up 0.5 %

SPEM stock opened at $38.92 on Monday. The stock has a 50-day moving average price of $39.01 and a two-hundred day moving average price of $39.18. The stock has a market cap of $9.24 billion, a PE ratio of 13.05 and a beta of 0.81. SPDR Portfolio Emerging Markets ETF has a 1 year low of $33.94 and a 1 year high of $42.88.

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.