Apollon Wealth Management LLC Sells 2,109 Shares of SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM)

Apollon Wealth Management LLC cut its stake in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) by 11.3% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 16,620 shares of the company’s stock after selling 2,109 shares during the period. Apollon Wealth Management LLC’s holdings in SPDR Portfolio Emerging Markets ETF were worth $686,000 at the end of the most recent reporting period.

Several other large investors have also bought and sold shares of SPEM. Quent Capital LLC grew its stake in SPDR Portfolio Emerging Markets ETF by 17.6% in the first quarter. Quent Capital LLC now owns 58,427 shares of the company’s stock worth $2,114,000 after purchasing an additional 8,748 shares during the period. US Bancorp DE lifted its position in SPDR Portfolio Emerging Markets ETF by 40.9% during the 1st quarter. US Bancorp DE now owns 13,995 shares of the company’s stock valued at $506,000 after acquiring an additional 4,063 shares during the period. Avantax Advisory Services Inc. lifted its holdings in shares of SPDR Portfolio Emerging Markets ETF by 15.0% during the first quarter. Avantax Advisory Services Inc. now owns 15,716 shares of the company’s stock valued at $569,000 after purchasing an additional 2,052 shares during the last quarter. Blair William & Co. IL grew its stake in shares of SPDR Portfolio Emerging Markets ETF by 1.2% in the 1st quarter. Blair William & Co. IL now owns 30,038 shares of the company’s stock worth $1,087,000 after buying an additional 367 shares during the last quarter. Finally, Nwam LLC grew its stake in shares of SPDR Portfolio Emerging Markets ETF by 5.4% in the first quarter. Nwam LLC now owns 6,290 shares of the company’s stock worth $233,000 after acquiring an additional 323 shares during the last quarter.

SPDR Portfolio Emerging Markets ETF Price Performance

SPEM opened at $39.01 on Friday. The stock has a 50-day moving average price of $40.32 and a 200-day moving average price of $38.76. The firm has a market cap of $9.26 billion, a PE ratio of 13.05 and a beta of 0.81. SPDR Portfolio Emerging Markets ETF has a 1 year low of $33.52 and a 1 year high of $42.88.

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.