Optas LLC Sells 3,467 Shares of SPDR Portfolio Emerging Markets ETF $SPEM

Optas LLC cut its position in shares of SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) by 2.8% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 118,841 shares of the company’s stock after selling 3,467 shares during the quarter. SPDR Portfolio Emerging Markets ETF makes up about 1.0% of Optas LLC’s investment portfolio, making the stock its 20th largest position. Optas LLC’s holdings in SPDR Portfolio Emerging Markets ETF were worth $5,079,000 at the end of the most recent reporting period.

Other institutional investors have also recently modified their holdings of the company. Knuff & Co LLC bought a new position in shares of SPDR Portfolio Emerging Markets ETF during the 1st quarter valued at about $29,000. Brooklyn Investment Group bought a new position in shares of SPDR Portfolio Emerging Markets ETF during the 1st quarter valued at about $32,000. Sachetta LLC increased its position in shares of SPDR Portfolio Emerging Markets ETF by 2,263.9% during the 2nd quarter. Sachetta LLC now owns 851 shares of the company’s stock valued at $36,000 after purchasing an additional 815 shares during the last quarter. Webster Bank N. A. bought a new position in shares of SPDR Portfolio Emerging Markets ETF during the 2nd quarter valued at about $40,000. Finally, Wayfinding Financial LLC bought a new position in SPDR Portfolio Emerging Markets ETF during the 1st quarter worth approximately $36,000.

SPDR Portfolio Emerging Markets ETF Price Performance

SPEM opened at $47.53 on Thursday. The stock’s 50 day simple moving average is $45.29 and its 200 day simple moving average is $42.42. SPDR Portfolio Emerging Markets ETF has a 1 year low of $34.38 and a 1 year high of $47.67. The firm has a market cap of $14.62 billion, a price-to-earnings ratio of 15.39 and a beta of 0.68.

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.