SPDR Portfolio Emerging Markets ETF $SPEM Stock Holdings Reduced by Pineridge Advisors LLC

Pineridge Advisors LLC reduced its position in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) by 6.9% in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 596,148 shares of the company’s stock after selling 44,466 shares during the quarter. SPDR Portfolio Emerging Markets ETF makes up about 8.0% of Pineridge Advisors LLC’s holdings, making the stock its 5th largest position. Pineridge Advisors LLC owned about 0.19% of SPDR Portfolio Emerging Markets ETF worth $27,906,000 at the end of the most recent reporting period.

Several other hedge funds have also recently made changes to their positions in the company. Ritholtz Wealth Management raised its stake in SPDR Portfolio Emerging Markets ETF by 1.1% in the 3rd quarter. Ritholtz Wealth Management now owns 19,379 shares of the company’s stock valued at $907,000 after acquiring an additional 210 shares during the period. Verus Capital Partners LLC lifted its stake in shares of SPDR Portfolio Emerging Markets ETF by 1.3% during the 2nd quarter. Verus Capital Partners LLC now owns 18,408 shares of the company’s stock valued at $787,000 after buying an additional 235 shares in the last quarter. Rockbridge Investment Management LCC boosted its holdings in SPDR Portfolio Emerging Markets ETF by 1.0% in the 2nd quarter. Rockbridge Investment Management LCC now owns 25,083 shares of the company’s stock worth $1,072,000 after buying an additional 239 shares during the period. Echo Wealth Management LLC grew its stake in SPDR Portfolio Emerging Markets ETF by 0.4% in the 3rd quarter. Echo Wealth Management LLC now owns 61,832 shares of the company’s stock valued at $2,894,000 after buying an additional 242 shares in the last quarter. Finally, Apollon Wealth Management LLC raised its holdings in SPDR Portfolio Emerging Markets ETF by 1.5% during the 2nd quarter. Apollon Wealth Management LLC now owns 16,893 shares of the company’s stock valued at $722,000 after acquiring an additional 244 shares during the period.

SPDR Portfolio Emerging Markets ETF Price Performance

NYSEARCA:SPEM opened at $49.20 on Monday. SPDR Portfolio Emerging Markets ETF has a 1 year low of $34.38 and a 1 year high of $50.58. The stock’s fifty day moving average price is $47.69 and its two-hundred day moving average price is $46.46. The company has a market cap of $16.43 billion, a P/E ratio of 15.39 and a beta of 0.56.

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.