Cetera Investment Advisers Lowers Stock Holdings in SPDR Portfolio Emerging Markets ETF $SPEM

Cetera Investment Advisers cut its position in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) by 1.1% in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,945,853 shares of the company’s stock after selling 21,674 shares during the quarter. Cetera Investment Advisers owned 0.57% of SPDR Portfolio Emerging Markets ETF worth $91,280,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Wealthspire Retirement LLC lifted its stake in SPDR Portfolio Emerging Markets ETF by 2.7% during the 1st quarter. Wealthspire Retirement LLC now owns 26,989 shares of the company’s stock worth $1,266,000 after acquiring an additional 718 shares in the last quarter. Signature Equity Partners LLC grew its position in SPDR Portfolio Emerging Markets ETF by 21,390.9% in the 1st quarter. Signature Equity Partners LLC now owns 2,364 shares of the company’s stock valued at $111,000 after acquiring an additional 2,353 shares in the last quarter. NewEdge Wealth LLC increased its stake in SPDR Portfolio Emerging Markets ETF by 6.8% during the first quarter. NewEdge Wealth LLC now owns 17,106 shares of the company’s stock worth $802,000 after purchasing an additional 1,094 shares during the period. First Trust Advisors LP increased its stake in SPDR Portfolio Emerging Markets ETF by 4.6% during the first quarter. First Trust Advisors LP now owns 16,771 shares of the company’s stock worth $787,000 after purchasing an additional 735 shares during the period. Finally, PNC Financial Services Group Inc. increased its stake in SPDR Portfolio Emerging Markets ETF by 8.5% during the first quarter. PNC Financial Services Group Inc. now owns 479,948 shares of the company’s stock worth $22,514,000 after purchasing an additional 37,408 shares during the period.

SPDR Portfolio Emerging Markets ETF Stock Performance

Shares of SPEM opened at $50.48 on Friday. The company’s 50-day simple moving average is $51.59 and its 200-day simple moving average is $50.09. SPDR Portfolio Emerging Markets ETF has a 1 year low of $42.66 and a 1 year high of $53.54. The stock has a market capitalization of $17.09 billion, a PE ratio of 15.39 and a beta of 0.60.

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.