Cooksen Wealth LLC Cuts Stock Position in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM)

Cooksen Wealth LLC trimmed its position in shares of SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) by 15.0% in the 3rd quarter, according to the company in its most recent disclosure with the SEC. The fund owned 14,569 shares of the company’s stock after selling 2,563 shares during the quarter. Cooksen Wealth LLC’s holdings in SPDR Portfolio Emerging Markets ETF were worth $601,000 at the end of the most recent reporting period.

Other institutional investors have also modified their holdings of the company. PNC Financial Services Group Inc. grew its stake in SPDR Portfolio Emerging Markets ETF by 19.9% during the 4th quarter. PNC Financial Services Group Inc. now owns 3,990 shares of the company’s stock worth $141,000 after buying an additional 661 shares during the last quarter. Kingswood Wealth Advisors LLC purchased a new position in shares of SPDR Portfolio Emerging Markets ETF in the 1st quarter valued at approximately $340,000. Vicus Capital boosted its stake in SPDR Portfolio Emerging Markets ETF by 5.3% in the 1st quarter. Vicus Capital now owns 12,954 shares of the company’s stock worth $469,000 after purchasing an additional 657 shares in the last quarter. Kathleen S. Wright Associates Inc. grew its position in SPDR Portfolio Emerging Markets ETF by 1.3% during the 1st quarter. Kathleen S. Wright Associates Inc. now owns 50,650 shares of the company’s stock worth $1,833,000 after purchasing an additional 644 shares during the last quarter. Finally, Guidance Capital Inc. purchased a new stake in SPDR Portfolio Emerging Markets ETF during the 1st quarter worth approximately $765,000.

SPDR Portfolio Emerging Markets ETF Stock Performance

Shares of NYSEARCA SPEM remained flat at $40.60 during midday trading on Friday. 886,805 shares of the company’s stock were exchanged, compared to its average volume of 1,593,593. SPDR Portfolio Emerging Markets ETF has a fifty-two week low of $32.16 and a fifty-two week high of $42.88. The company’s 50-day moving average is $39.80 and its 200-day moving average is $38.34. The company has a market cap of $9.64 billion, a PE ratio of 13.05 and a beta of 0.81.

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.