Sanctuary Advisors LLC Trims Position in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM)

Sanctuary Advisors LLC cut its position in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) by 0.7% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 229,145 shares of the company’s stock after selling 1,714 shares during the period. Sanctuary Advisors LLC owned about 0.10% of SPDR Portfolio Emerging Markets ETF worth $8,946,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Blue Trust Inc. increased its stake in shares of SPDR Portfolio Emerging Markets ETF by 474.2% in the fourth quarter. Blue Trust Inc. now owns 2,274 shares of the company’s stock worth $94,000 after purchasing an additional 1,878 shares in the last quarter. Stifel Financial Corp increased its stake in shares of SPDR Portfolio Emerging Markets ETF by 6.7% in the third quarter. Stifel Financial Corp now owns 64,565 shares of the company’s stock worth $2,665,000 after purchasing an additional 4,049 shares in the last quarter. Forbes J M & Co. LLP increased its stake in shares of SPDR Portfolio Emerging Markets ETF by 0.7% in the fourth quarter. Forbes J M & Co. LLP now owns 265,153 shares of the company’s stock worth $10,174,000 after purchasing an additional 1,728 shares in the last quarter. Advisory Resource Group grew its stake in SPDR Portfolio Emerging Markets ETF by 5.4% during the third quarter. Advisory Resource Group now owns 60,213 shares of the company’s stock valued at $2,486,000 after acquiring an additional 3,068 shares in the last quarter. Finally, JPMorgan Chase & Co. grew its stake in SPDR Portfolio Emerging Markets ETF by 3.1% during the third quarter. JPMorgan Chase & Co. now owns 637,654 shares of the company’s stock valued at $26,322,000 after acquiring an additional 19,370 shares in the last quarter.

SPDR Portfolio Emerging Markets ETF Stock Performance

SPEM opened at $40.17 on Wednesday. The stock has a market capitalization of $9.54 billion, a price-to-earnings ratio of 13.05 and a beta of 0.81. The company has a fifty day moving average of $38.86 and a 200 day moving average of $39.30. SPDR Portfolio Emerging Markets ETF has a fifty-two week low of $35.00 and a fifty-two week high of $42.88.

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.