SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) Shares Sold by PFG Advisors

PFG Advisors lessened its stake in shares of SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) by 7.2% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 9,518 shares of the company’s stock after selling 742 shares during the period. PFG Advisors’ holdings in SPDR Portfolio Emerging Markets ETF were worth $365,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds have also recently modified their holdings of the stock. Compass Planning Associates Inc purchased a new stake in SPDR Portfolio Emerging Markets ETF during the 4th quarter valued at about $28,000. Archer Investment Corp purchased a new stake in SPDR Portfolio Emerging Markets ETF during the 3rd quarter valued at about $39,000. Strategic Wealth Investment Group LLC purchased a new stake in SPDR Portfolio Emerging Markets ETF during the 4th quarter valued at about $46,000. Rialto Wealth Management LLC purchased a new stake in SPDR Portfolio Emerging Markets ETF during the 4th quarter valued at about $60,000. Finally, SBI Securities Co. Ltd. purchased a new stake in SPDR Portfolio Emerging Markets ETF during the 4th quarter valued at about $64,000.

SPDR Portfolio Emerging Markets ETF Trading Up 1.9 %

Shares of NYSEARCA SPEM opened at $40.08 on Friday. SPDR Portfolio Emerging Markets ETF has a 12-month low of $35.00 and a 12-month high of $42.88. The stock has a market cap of $10.60 billion, a PE ratio of 14.80 and a beta of 0.67. The company has a 50-day moving average of $39.04 and a 200 day moving average of $39.53.

SPDR Portfolio Emerging Markets ETF 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.