RFG Advisory LLC Sells 157,093 Shares of SPDR Portfolio Emerging Markets ETF $SPEM

RFG Advisory LLC reduced its stake in shares of SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) by 53.8% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 134,896 shares of the company’s stock after selling 157,093 shares during the quarter. RFG Advisory LLC’s holdings in SPDR Portfolio Emerging Markets ETF were worth $6,985,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently modified their holdings of the stock. First Command Advisory Services Inc. bought a new position in shares of SPDR Portfolio Emerging Markets ETF in the fourth quarter worth approximately $26,000. Ascentis Independent Advisors bought a new stake in SPDR Portfolio Emerging Markets ETF during the 1st quarter valued at $27,000. Robinswood Financial LLC purchased a new stake in SPDR Portfolio Emerging Markets ETF during the 1st quarter valued at $32,000. Safe Harbor Fiduciary LLC purchased a new stake in SPDR Portfolio Emerging Markets ETF during the 4th quarter valued at $32,000. Finally, Front Row Advisors LLC increased its position in shares of SPDR Portfolio Emerging Markets ETF by 147.9% in the third quarter. Front Row Advisors LLC now owns 771 shares of the company’s stock valued at $36,000 after acquiring an additional 460 shares during the period.

SPDR Portfolio Emerging Markets ETF Trading Down 0.2%

Shares of NYSEARCA:SPEM opened at $53.30 on Wednesday. The company has a market cap of $18.04 billion, a price-to-earnings ratio of 15.39 and a beta of 0.61. The company has a 50-day moving average price of $51.73 and a 200-day moving average price of $50.71. SPDR Portfolio Emerging Markets ETF has a 12 month low of $45.28 and a 12 month high of $53.54.

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.