GPS Wealth Strategies Group LLC Sells 10,625 Shares of SPDR Portfolio Emerging Markets ETF $SPEM

GPS Wealth Strategies Group LLC cut its stake in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) by 94.8% during the fourth quarter, HoldingsChannel reports. The firm owned 582 shares of the company’s stock after selling 10,625 shares during the period. GPS Wealth Strategies Group LLC’s holdings in SPDR Portfolio Emerging Markets ETF were worth $27,000 at the end of the most recent quarter.

A number of other hedge funds have also recently made changes to their positions in SPEM. Brighton Jones LLC bought a new position in shares of SPDR Portfolio Emerging Markets ETF in the fourth quarter worth about $289,000. AQR Capital Management LLC grew its holdings in shares of SPDR Portfolio Emerging Markets ETF by 80.2% in the first quarter. AQR Capital Management LLC now owns 31,388 shares of the company’s stock worth $1,236,000 after purchasing an additional 13,972 shares during the last quarter. Goldman Sachs Group Inc. grew its holdings in shares of SPDR Portfolio Emerging Markets ETF by 6.6% in the first quarter. Goldman Sachs Group Inc. now owns 104,799 shares of the company’s stock worth $4,126,000 after purchasing an additional 6,463 shares during the last quarter. First Trust Advisors LP grew its holdings in shares of SPDR Portfolio Emerging Markets ETF by 2.8% in the second quarter. First Trust Advisors LP now owns 9,682 shares of the company’s stock worth $414,000 after purchasing an additional 263 shares during the last quarter. Finally, Marshall Wace LLP bought a new position in SPDR Portfolio Emerging Markets ETF during the 2nd quarter worth about $768,000.

SPDR Portfolio Emerging Markets ETF Price Performance

Shares of SPDR Portfolio Emerging Markets ETF stock opened at $51.39 on Monday. SPDR Portfolio Emerging Markets ETF has a 1 year low of $40.67 and a 1 year high of $53.03. The firm’s 50-day moving average is $49.37 and its two-hundred day moving average is $48.62. The stock has a market cap of $17.62 billion, a price-to-earnings ratio of 15.39 and a beta of 0.60.

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.