MBA Advisors LLC Sells 23,960 Shares of SPDR Portfolio Emerging Markets ETF $SPEM

MBA Advisors LLC trimmed its holdings in shares of SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) by 56.2% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 18,648 shares of the company’s stock after selling 23,960 shares during the quarter. MBA Advisors LLC’s holdings in SPDR Portfolio Emerging Markets ETF were worth $873,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Brighton Jones LLC bought a new stake in shares of SPDR Portfolio Emerging Markets ETF in the 4th quarter valued at approximately $289,000. AQR Capital Management LLC boosted its stake in SPDR Portfolio Emerging Markets ETF by 80.2% during the first quarter. AQR Capital Management LLC now owns 31,388 shares of the company’s stock worth $1,236,000 after buying an additional 13,972 shares during the period. Goldman Sachs Group Inc. increased its position in SPDR Portfolio Emerging Markets ETF by 6.6% during the first quarter. Goldman Sachs Group Inc. now owns 104,799 shares of the company’s stock valued at $4,126,000 after acquiring an additional 6,463 shares during the last quarter. First Trust Advisors LP raised its stake in shares of SPDR Portfolio Emerging Markets ETF by 2.8% in the second quarter. First Trust Advisors LP now owns 9,682 shares of the company’s stock valued at $414,000 after acquiring an additional 263 shares during the period. Finally, Marshall Wace LLP purchased a new stake in shares of SPDR Portfolio Emerging Markets ETF in the second quarter valued at $768,000.

SPDR Portfolio Emerging Markets ETF Stock Performance

SPDR Portfolio Emerging Markets ETF stock opened at $46.76 on Monday. SPDR Portfolio Emerging Markets ETF has a 12-month low of $34.38 and a 12-month high of $51.35. The firm has a 50-day moving average price of $48.69 and a 200-day moving average price of $47.78. The firm has a market capitalization of $16.03 billion, a PE ratio of 15.39 and a beta of 0.56.

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.