SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) Shares Sold by Foundations Investment Advisors LLC

Foundations Investment Advisors LLC lowered its holdings in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) by 2.0% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 38,505 shares of the company’s stock after selling 778 shares during the period. Foundations Investment Advisors LLC’s holdings in SPDR Portfolio Emerging Markets ETF were worth $1,477,000 as of its most recent SEC filing.

Other institutional investors have also recently added to or reduced their stakes in the company. State Street Corp grew its holdings in SPDR Portfolio Emerging Markets ETF by 10.4% in the 3rd quarter. State Street Corp now owns 6,290,419 shares of the company’s stock valued at $259,668,000 after buying an additional 591,019 shares during the period. LPL Financial LLC grew its holdings in SPDR Portfolio Emerging Markets ETF by 5.2% in the third quarter. LPL Financial LLC now owns 9,644,278 shares of the company’s stock valued at $398,116,000 after purchasing an additional 476,292 shares during the period. Tidal Investments LLC acquired a new position in SPDR Portfolio Emerging Markets ETF during the third quarter worth approximately $13,246,000. Assetmark Inc. raised its stake in SPDR Portfolio Emerging Markets ETF by 10.2% during the third quarter. Assetmark Inc. now owns 2,212,515 shares of the company’s stock worth $91,333,000 after purchasing an additional 204,960 shares during the period. Finally, Sanctuary Advisors LLC acquired a new position in shares of SPDR Portfolio Emerging Markets ETF in the 2nd quarter valued at $7,329,000.

SPDR Portfolio Emerging Markets ETF Stock Up 0.6 %

SPEM stock opened at $38.52 on Wednesday. The company has a market cap of $9.14 billion, a price-to-earnings ratio of 13.05 and a beta of 0.81. The business has a fifty day simple moving average of $38.97 and a 200-day simple moving average of $39.17. SPDR Portfolio Emerging Markets ETF has a 52 week low of $33.94 and a 52 week high of $42.88.

About SPDR Portfolio Emerging Markets ETF

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.