SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) Shares Sold by Strategic Investment Advisors MI

Strategic Investment Advisors MI lessened its holdings in shares of SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) by 17.3% during the 1st quarter, according to its most recent disclosure with the SEC. The institutional investor owned 15,978 shares of the company’s stock after selling 3,340 shares during the quarter. Strategic Investment Advisors MI’s holdings in SPDR Portfolio Emerging Markets ETF were worth $629,000 as of its most recent filing with the SEC.

Other hedge funds have also made changes to their positions in the company. New Century Financial Group LLC boosted its holdings in SPDR Portfolio Emerging Markets ETF by 1.2% in the first quarter. New Century Financial Group LLC now owns 24,601 shares of the company’s stock valued at $969,000 after purchasing an additional 284 shares during the period. Canal Capital Management LLC raised its position in SPDR Portfolio Emerging Markets ETF by 3.7% in the 4th quarter. Canal Capital Management LLC now owns 8,175 shares of the company’s stock valued at $314,000 after purchasing an additional 295 shares in the last quarter. IAG Wealth Partners LLC boosted its stake in shares of SPDR Portfolio Emerging Markets ETF by 0.8% in the 1st quarter. IAG Wealth Partners LLC now owns 41,152 shares of the company’s stock valued at $1,620,000 after buying an additional 310 shares during the period. Boltwood Capital Management grew its position in shares of SPDR Portfolio Emerging Markets ETF by 0.3% during the first quarter. Boltwood Capital Management now owns 111,710 shares of the company’s stock worth $4,398,000 after buying an additional 315 shares in the last quarter. Finally, American Investment Services Inc. increased its stake in shares of SPDR Portfolio Emerging Markets ETF by 1.6% during the fourth quarter. American Investment Services Inc. now owns 20,156 shares of the company’s stock worth $773,000 after buying an additional 319 shares during the period.

SPDR Portfolio Emerging Markets ETF Stock Up 0.3%

Shares of NYSEARCA:SPEM opened at $42.32 on Thursday. SPDR Portfolio Emerging Markets ETF has a fifty-two week low of $34.38 and a fifty-two week high of $42.88. The firm’s 50 day moving average price is $40.93 and its 200 day moving average price is $39.62. The stock has a market cap of $12.14 billion, a price-to-earnings ratio of 14.82 and a beta of 0.55.

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.