Csenge Advisory Group Has $308,000 Holdings in SPDR Portfolio Emerging Markets ETF $SPEM

Csenge Advisory Group cut its holdings in shares of SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) by 89.0% during the third quarter, Holdings Channel reports. The fund owned 6,575 shares of the company’s stock after selling 52,930 shares during the period. Csenge Advisory Group’s holdings in SPDR Portfolio Emerging Markets ETF were worth $308,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of SPEM. Ritholtz Wealth Management boosted its stake in SPDR Portfolio Emerging Markets ETF by 1.1% in the third quarter. Ritholtz Wealth Management now owns 19,379 shares of the company’s stock worth $907,000 after purchasing an additional 210 shares in the last quarter. Verus Capital Partners LLC increased its stake in shares of SPDR Portfolio Emerging Markets ETF by 1.3% in the second quarter. Verus Capital Partners LLC now owns 18,408 shares of the company’s stock valued at $787,000 after buying an additional 235 shares in the last quarter. Vestia Personal Wealth Advisors raised its holdings in shares of SPDR Portfolio Emerging Markets ETF by 3.1% in the second quarter. Vestia Personal Wealth Advisors now owns 7,806 shares of the company’s stock valued at $334,000 after buying an additional 236 shares during the last quarter. Rockbridge Investment Management LCC lifted its position in SPDR Portfolio Emerging Markets ETF by 1.0% during the 2nd quarter. Rockbridge Investment Management LCC now owns 25,083 shares of the company’s stock worth $1,072,000 after buying an additional 239 shares in the last quarter. Finally, Echo Wealth Management LLC lifted its position in SPDR Portfolio Emerging Markets ETF by 0.4% during the 3rd quarter. Echo Wealth Management LLC now owns 61,832 shares of the company’s stock worth $2,894,000 after buying an additional 242 shares in the last quarter.

SPDR Portfolio Emerging Markets ETF Trading Down 0.8%

SPEM opened at $48.29 on Wednesday. SPDR Portfolio Emerging Markets ETF has a 1-year low of $34.38 and a 1-year high of $49.19. The stock has a market capitalization of $15.97 billion, a PE ratio of 15.39 and a beta of 0.56. The firm has a 50-day moving average price of $47.25 and a two-hundred day moving average price of $46.08.

SPDR Portfolio Emerging Markets ETF Company 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.