SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) Stake Cut by USAdvisors Wealth Management LLC

USAdvisors Wealth Management LLC trimmed its stake in shares of SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) by 3.3% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 26,549 shares of the company’s stock after selling 911 shares during the quarter. USAdvisors Wealth Management LLC’s holdings in SPDR Portfolio Emerging Markets ETF were worth $1,018,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also recently added to or reduced their stakes in SPEM. Allen Capital Group LLC increased its stake in SPDR Portfolio Emerging Markets ETF by 1.1% in the 4th quarter. Allen Capital Group LLC now owns 376,792 shares of the company’s stock worth $14,458,000 after purchasing an additional 3,923 shares in the last quarter. Iams Wealth Management LLC lifted its stake in shares of SPDR Portfolio Emerging Markets ETF by 1.1% in the fourth quarter. Iams Wealth Management LLC now owns 29,858 shares of the company’s stock worth $1,146,000 after buying an additional 330 shares during the last quarter. Gateway Wealth Partners LLC grew its position in shares of SPDR Portfolio Emerging Markets ETF by 193.3% in the fourth quarter. Gateway Wealth Partners LLC now owns 19,427 shares of the company’s stock valued at $745,000 after purchasing an additional 12,803 shares during the last quarter. SteelPeak Wealth LLC acquired a new stake in SPDR Portfolio Emerging Markets ETF in the 4th quarter valued at approximately $753,000. Finally, David Kennon Inc increased its position in SPDR Portfolio Emerging Markets ETF by 1.5% during the fourth quarter. David Kennon Inc now owns 161,311 shares of the company’s stock worth $6,190,000 after acquiring an additional 2,349 shares during the period.

SPDR Portfolio Emerging Markets ETF Stock Performance

Shares of SPEM opened at $38.53 on Thursday. The company has a 50-day simple moving average of $38.97 and a 200-day simple moving average of $39.17. The firm has a market capitalization of $9.15 billion, a P/E ratio of 13.05 and a beta of 0.81. SPDR Portfolio Emerging Markets ETF has a 52 week low of $33.94 and a 52 week 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.