SPDR Portfolio Emerging Markets ETF $SPEM Shares Sold by Cobblestone Asset Management LLC

Cobblestone Asset Management LLC cut its position in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) by 11.3% during the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 205,616 shares of the company’s stock after selling 26,122 shares during the period. SPDR Portfolio Emerging Markets ETF accounts for about 4.3% of Cobblestone Asset Management LLC’s investment portfolio, making the stock its 6th biggest position. Cobblestone Asset Management LLC owned 0.06% of SPDR Portfolio Emerging Markets ETF worth $9,645,000 at the end of the most recent reporting period.

Other large investors have also recently added to or reduced their stakes in the company. First Command Advisory Services Inc. acquired a new stake in SPDR Portfolio Emerging Markets ETF in the 4th quarter valued at about $26,000. Safe Harbor Fiduciary LLC acquired a new position in shares of SPDR Portfolio Emerging Markets ETF during the fourth quarter worth approximately $32,000. Front Row Advisors LLC lifted its position in shares of SPDR Portfolio Emerging Markets ETF by 147.9% during the third quarter. Front Row Advisors LLC now owns 771 shares of the company’s stock worth $36,000 after purchasing an additional 460 shares in the last quarter. IFC & Insurance Marketing Inc. bought a new stake in shares of SPDR Portfolio Emerging Markets ETF during the fourth quarter valued at approximately $37,000. Finally, Signaturefd LLC bought a new stake in shares of SPDR Portfolio Emerging Markets ETF during the fourth quarter valued at approximately $40,000.

SPDR Portfolio Emerging Markets ETF Price Performance

SPEM stock opened at $51.12 on Friday. The company has a 50 day moving average price of $51.73 and a 200 day moving average price of $49.64. SPDR Portfolio Emerging Markets ETF has a fifty-two week low of $42.61 and a fifty-two week high of $53.54. The stock has a market capitalization of $17.25 billion, a PE ratio of 15.39 and a beta of 0.60.

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.