TAGStone Capital Inc. Reduces Position in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM)

TAGStone Capital Inc. lessened its holdings in shares of SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) by 3.0% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 36,705 shares of the company’s stock after selling 1,128 shares during the period. TAGStone Capital Inc.’s holdings in SPDR Portfolio Emerging Markets ETF were worth $1,408,000 at the end of the most recent reporting period.

Other large investors have also modified their holdings of the company. Blue Trust Inc. boosted its holdings 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 valued at $94,000 after purchasing an additional 1,878 shares during the period. Stifel Financial Corp boosted its holdings 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 valued at $2,665,000 after purchasing an additional 4,049 shares during the period. Forbes J M & Co. LLP boosted its holdings 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 valued at $10,174,000 after purchasing an additional 1,728 shares during the period. Advisory Resource Group boosted its holdings in shares of SPDR Portfolio Emerging Markets ETF by 5.4% in the third quarter. Advisory Resource Group now owns 60,213 shares of the company’s stock valued at $2,486,000 after purchasing an additional 3,068 shares during the period. Finally, JPMorgan Chase & Co. boosted its holdings in shares of SPDR Portfolio Emerging Markets ETF by 3.1% in the third quarter. JPMorgan Chase & Co. now owns 637,654 shares of the company’s stock valued at $26,322,000 after purchasing an additional 19,370 shares during the period.

SPDR Portfolio Emerging Markets ETF Stock Performance

Shares of NYSEARCA SPEM opened at $40.03 on Monday. The firm has a market capitalization of $10.58 billion, a price-to-earnings ratio of 14.80 and a beta of 0.67. The stock has a 50 day moving average price of $39.27 and a 200 day moving average price of $39.61. SPDR Portfolio Emerging Markets ETF has a 52-week low of $35.00 and a 52-week high of $42.88.

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.