World Investment Advisors Cuts Stock Holdings in SPDR Portfolio Emerging Markets ETF $SPEM

World Investment Advisors cut its holdings in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) by 47.4% during the first quarter, Holdings Channel reports. The institutional investor owned 28,524 shares of the company’s stock after selling 25,668 shares during the quarter. World Investment Advisors’ holdings in SPDR Portfolio Emerging Markets ETF were worth $1,338,000 at the end of the most recent reporting period.

Several other large investors have also recently bought and sold shares of the business. Charles Schwab Investment Management Inc. boosted its stake in shares of SPDR Portfolio Emerging Markets ETF by 20.1% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 15,874,429 shares of the company’s stock worth $743,082,000 after acquiring an additional 2,653,013 shares in the last quarter. LPL Financial LLC increased its stake in SPDR Portfolio Emerging Markets ETF by 12.7% in the 4th quarter. LPL Financial LLC now owns 15,587,049 shares of the company’s stock valued at $729,630,000 after purchasing an additional 1,758,866 shares in the last quarter. Allworth Financial LP raised its holdings in SPDR Portfolio Emerging Markets ETF by 1.0% during the fourth quarter. Allworth Financial LP now owns 9,355,461 shares of the company’s stock worth $437,929,000 after purchasing an additional 94,029 shares during the last quarter. Morgan Stanley boosted its position in SPDR Portfolio Emerging Markets ETF by 9.8% during the fourth quarter. Morgan Stanley now owns 6,997,855 shares of the company’s stock worth $327,570,000 after purchasing an additional 622,595 shares in the last quarter. Finally, Ameriprise Financial Inc. grew its holdings in SPDR Portfolio Emerging Markets ETF by 5.5% in the second quarter. Ameriprise Financial Inc. now owns 5,339,952 shares of the company’s stock valued at $228,232,000 after purchasing an additional 279,126 shares during the last quarter.

SPDR Portfolio Emerging Markets ETF Stock Down 1.9%

SPDR Portfolio Emerging Markets ETF stock opened at $51.01 on Wednesday. The firm has a market capitalization of $17.22 billion, a PE ratio of 15.39 and a beta of 0.60. SPDR Portfolio Emerging Markets ETF has a 52 week low of $42.66 and a 52 week high of $53.54. The firm’s 50-day simple moving average is $51.76 and its 200 day simple moving average is $49.73.

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.