McAdam LLC Decreases Stock Holdings in SPDR Portfolio Emerging Markets ETF $SPEM

McAdam LLC trimmed its stake in shares of SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) by 32.0% in the 1st quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 50,402 shares of the company’s stock after selling 23,771 shares during the period. McAdam LLC’s holdings in SPDR Portfolio Emerging Markets ETF were worth $1,984,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds also recently bought and sold shares of the company. Golden State Wealth Management LLC increased its position in SPDR Portfolio Emerging Markets ETF by 66.1% during the first quarter. Golden State Wealth Management LLC now owns 7,133 shares of the company’s stock valued at $281,000 after acquiring an additional 2,839 shares during the last quarter. ORBA Wealth Advisors L.L.C. increased its position in SPDR Portfolio Emerging Markets ETF by 12.3% during the first quarter. ORBA Wealth Advisors L.L.C. now owns 108,024 shares of the company’s stock valued at $4,253,000 after acquiring an additional 11,790 shares during the last quarter. Northern Trust Corp increased its position in SPDR Portfolio Emerging Markets ETF by 16.1% during the fourth quarter. Northern Trust Corp now owns 8,648 shares of the company’s stock valued at $332,000 after acquiring an additional 1,200 shares during the last quarter. Golden State Equity Partners purchased a new stake in SPDR Portfolio Emerging Markets ETF during the first quarter valued at $1,102,000. Finally, Oppenheimer & Co. Inc. increased its position in SPDR Portfolio Emerging Markets ETF by 22.3% during the first quarter. Oppenheimer & Co. Inc. now owns 15,717 shares of the company’s stock valued at $619,000 after acquiring an additional 2,861 shares during the last quarter.

SPDR Portfolio Emerging Markets ETF Stock Performance

SPDR Portfolio Emerging Markets ETF stock opened at $45.64 on Wednesday. The stock has a market cap of $13.28 billion, a PE ratio of 15.39 and a beta of 0.68. SPDR Portfolio Emerging Markets ETF has a one year low of $34.38 and a one year high of $45.62. The stock has a fifty day moving average of $43.86 and a 200 day moving average of $41.41.

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.