CW Advisors LLC trimmed its stake in shares of SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM – Free Report) by 7.5% during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 139,418 shares of the company’s stock after selling 11,348 shares during the quarter. CW Advisors LLC’s holdings in SPDR Portfolio Emerging Markets ETF were worth $5,959,000 at the end of the most recent quarter.
Several other hedge funds and other institutional investors also recently modified their holdings of SPEM. Elios Financial Group Inc. lifted its position in shares of SPDR Portfolio Emerging Markets ETF by 4.8% during the second quarter. Elios Financial Group Inc. now owns 12,263 shares of the company’s stock worth $524,000 after purchasing an additional 559 shares during the last quarter. WCG Wealth Advisors LLC raised its stake in SPDR Portfolio Emerging Markets ETF by 1.3% during the second quarter. WCG Wealth Advisors LLC now owns 390,240 shares of the company’s stock valued at $16,679,000 after buying an additional 5,038 shares in the last quarter. Advocacy Wealth Management Services LLC bought a new position in SPDR Portfolio Emerging Markets ETF during the 2nd quarter worth approximately $29,141,000. VestGen Advisors LLC grew its position in shares of SPDR Portfolio Emerging Markets ETF by 130.5% in the 2nd quarter. VestGen Advisors LLC now owns 280,427 shares of the company’s stock worth $12,111,000 after acquiring an additional 158,755 shares in the last quarter. Finally, Millington Financial Advisors LLC increased its holdings in shares of SPDR Portfolio Emerging Markets ETF by 1.6% in the 2nd quarter. Millington Financial Advisors LLC now owns 160,722 shares of the company’s stock valued at $7,106,000 after acquiring an additional 2,517 shares during the last quarter.
SPDR Portfolio Emerging Markets ETF Price Performance
Shares of SPEM opened at $47.16 on Friday. The stock has a market capitalization of $14.56 billion, a PE ratio of 15.39 and a beta of 0.56. The business’s fifty day moving average price is $47.15 and its 200 day moving average price is $44.82. SPDR Portfolio Emerging Markets ETF has a 12-month low of $34.38 and a 12-month high of $48.56.
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.
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