Koss Olinger Consulting LLC Cuts Position in SPDR Portfolio Emerging Markets ETF $SPEM

Koss Olinger Consulting LLC lowered its position in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) by 6.4% during the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 749,742 shares of the company’s stock after selling 51,370 shares during the quarter. SPDR Portfolio Emerging Markets ETF comprises about 2.9% of Koss Olinger Consulting LLC’s portfolio, making the stock its 8th largest position. Koss Olinger Consulting LLC’s holdings in SPDR Portfolio Emerging Markets ETF were worth $35,170,000 at the end of the most recent reporting period.

Other large investors have also recently made changes to their positions in the company. Charles Schwab Investment Management Inc. lifted its stake in SPDR Portfolio Emerging Markets ETF by 20.1% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 15,874,429 shares of the company’s stock worth $743,082,000 after purchasing an additional 2,653,013 shares during the last quarter. LPL Financial LLC grew its stake in shares of SPDR Portfolio Emerging Markets ETF by 12.7% during the fourth quarter. LPL Financial LLC now owns 15,587,049 shares of the company’s stock valued at $729,630,000 after buying an additional 1,758,866 shares during the last quarter. Allworth Financial LP grew its stake in shares of SPDR Portfolio Emerging Markets ETF by 1.0% during the fourth quarter. Allworth Financial LP now owns 9,355,461 shares of the company’s stock valued at $437,929,000 after buying an additional 94,029 shares during the last quarter. Morgan Stanley raised its holdings in shares of SPDR Portfolio Emerging Markets ETF by 9.8% in the fourth quarter. Morgan Stanley now owns 6,997,855 shares of the company’s stock worth $327,570,000 after buying an additional 622,595 shares during the period. Finally, Ameriprise Financial Inc. raised its holdings in shares of SPDR Portfolio Emerging Markets ETF by 5.5% in the second quarter. Ameriprise Financial Inc. now owns 5,339,952 shares of the company’s stock worth $228,232,000 after buying an additional 279,126 shares during the period.

SPDR Portfolio Emerging Markets ETF Stock Performance

Shares of SPEM stock opened at $50.19 on Monday. SPDR Portfolio Emerging Markets ETF has a 52-week low of $42.66 and a 52-week high of $53.54. The firm has a market capitalization of $16.99 billion, a P/E ratio of 15.39 and a beta of 0.60. The stock has a 50 day moving average price of $51.71 and a 200 day moving average price of $49.99.

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.