SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) Shares Sold by Mariner LLC

Mariner LLC trimmed its holdings in shares of SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) by 1.6% in the fourth quarter, HoldingsChannel reports. The firm owned 1,449,015 shares of the company’s stock after selling 24,305 shares during the period. Mariner LLC’s holdings in SPDR Portfolio Emerging Markets ETF were worth $55,599,000 at the end of the most recent reporting period.

Several other institutional investors have also recently modified their holdings of SPEM. Headlands Technologies LLC purchased a new position in SPDR Portfolio Emerging Markets ETF during the fourth quarter worth $26,000. IMG Wealth Management Inc. acquired a new position in SPDR Portfolio Emerging Markets ETF in the 4th quarter valued at about $27,000. Compass Planning Associates Inc acquired a new position in SPDR Portfolio Emerging Markets ETF in the 4th quarter valued at about $28,000. Strategic Wealth Investment Group LLC purchased a new position in SPDR Portfolio Emerging Markets ETF in the 4th quarter valued at about $46,000. Finally, Bernard Wealth Management Corp. acquired a new stake in shares of SPDR Portfolio Emerging Markets ETF during the 4th quarter worth about $50,000.

SPDR Portfolio Emerging Markets ETF Price Performance

NYSEARCA:SPEM opened at $37.81 on Tuesday. The firm has a market cap of $10.00 billion, a PE ratio of 14.84 and a beta of 0.67. The firm has a 50 day simple moving average of $39.11 and a 200-day simple moving average of $39.48. SPDR Portfolio Emerging Markets ETF has a 1-year low of $34.38 and a 1-year 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.