Kingswood Wealth Advisors LLC Decreases Stock Position in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM)

Kingswood Wealth Advisors LLC trimmed its position in shares of SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) by 1.3% in the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 59,701 shares of the company’s stock after selling 770 shares during the quarter. Kingswood Wealth Advisors LLC’s holdings in SPDR Portfolio Emerging Markets ETF were worth $2,291,000 as of its most recent filing with the SEC.

Other large investors have also recently made changes to their positions in the company. Stifel Financial Corp boosted its stake in shares of SPDR Portfolio Emerging Markets ETF by 6.7% in the 3rd quarter. Stifel Financial Corp now owns 64,565 shares of the company’s stock valued at $2,665,000 after buying an additional 4,049 shares during the period. Second Line Capital LLC lifted its stake in SPDR Portfolio Emerging Markets ETF by 4.5% in the second quarter. Second Line Capital LLC now owns 203,959 shares of the company’s stock worth $7,683,000 after acquiring an additional 8,783 shares during the last quarter. SPC Financial Inc. grew its holdings in SPDR Portfolio Emerging Markets ETF by 5.1% during the 2nd quarter. SPC Financial Inc. now owns 79,752 shares of the company’s stock worth $3,004,000 after acquiring an additional 3,889 shares in the last quarter. Advisory Resource Group increased its position in shares of SPDR Portfolio Emerging Markets ETF by 5.4% in the 3rd quarter. Advisory Resource Group now owns 60,213 shares of the company’s stock valued at $2,486,000 after purchasing an additional 3,068 shares during the last quarter. Finally, JPMorgan Chase & Co. increased its position in shares of SPDR Portfolio Emerging Markets ETF by 3.1% in the 3rd quarter. JPMorgan Chase & Co. now owns 637,654 shares of the company’s stock valued at $26,322,000 after purchasing an additional 19,370 shares during the last quarter.

SPDR Portfolio Emerging Markets ETF Trading Down 1.6 %

SPDR Portfolio Emerging Markets ETF stock opened at $38.30 on Tuesday. The company has a fifty day simple moving average of $39.01 and a 200-day simple moving average of $39.18. The stock has a market cap of $9.09 billion, a P/E ratio of 13.05 and a beta of 0.81. SPDR Portfolio Emerging Markets ETF has a 12-month low of $33.94 and a 12-month 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.