Resonant Capital Advisors LLC Sells 487 Shares of SPDR Portfolio Emerging Markets ETF $SPEM

Resonant Capital Advisors LLC trimmed its holdings in shares of SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) by 0.8% in the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 57,616 shares of the company’s stock after selling 487 shares during the period. Resonant Capital Advisors LLC’s holdings in SPDR Portfolio Emerging Markets ETF were worth $2,462,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently modified their holdings of the company. 3EDGE Asset Management LP lifted its stake in shares of SPDR Portfolio Emerging Markets ETF by 309.6% in the 2nd quarter. 3EDGE Asset Management LP now owns 3,182,524 shares of the company’s stock valued at $135,997,000 after acquiring an additional 2,405,474 shares during the last quarter. Jane Street Group LLC bought a new stake in SPDR Portfolio Emerging Markets ETF in the first quarter valued at approximately $57,992,000. LPL Financial LLC boosted its stake in shares of SPDR Portfolio Emerging Markets ETF by 6.1% during the first quarter. LPL Financial LLC now owns 10,706,453 shares of the company’s stock valued at $421,513,000 after purchasing an additional 620,049 shares during the period. Cerity Partners LLC boosted its stake in shares of SPDR Portfolio Emerging Markets ETF by 24.6% during the first quarter. Cerity Partners LLC now owns 2,766,398 shares of the company’s stock valued at $108,913,000 after purchasing an additional 545,724 shares during the period. Finally, Envestnet Asset Management Inc. grew its holdings in shares of SPDR Portfolio Emerging Markets ETF by 7.8% in the first quarter. Envestnet Asset Management Inc. now owns 6,361,844 shares of the company’s stock worth $250,466,000 after purchasing an additional 461,936 shares during the last quarter.

SPDR Portfolio Emerging Markets ETF Stock Up 0.6%

Shares of NYSEARCA SPEM opened at $47.76 on Friday. The firm’s fifty day moving average is $46.07 and its 200 day moving average is $43.17. SPDR Portfolio Emerging Markets ETF has a 52 week low of $34.38 and a 52 week high of $47.85. The company has a market cap of $14.69 billion, a price-to-earnings ratio of 15.39 and a beta of 0.68.

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.