Capital Investment Advisory Services LLC Lowers Stock Position in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM)

Capital Investment Advisory Services LLC reduced its stake in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) by 43.0% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 3,159 shares of the company’s stock after selling 2,385 shares during the quarter. Capital Investment Advisory Services LLC’s holdings in SPDR Portfolio Emerging Markets ETF were worth $112,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds have also bought and sold shares of the stock. Cedar Brook Financial Partners LLC raised its stake in shares of SPDR Portfolio Emerging Markets ETF by 5.9% during the third quarter. Cedar Brook Financial Partners LLC now owns 6,891 shares of the company’s stock worth $231,000 after acquiring an additional 383 shares in the last quarter. Advisory Alpha LLC grew its holdings in shares of SPDR Portfolio Emerging Markets ETF by 5.6% in the third quarter. Advisory Alpha LLC now owns 1,400,093 shares of the company’s stock worth $47,004,000 after purchasing an additional 74,842 shares during the last quarter. Financial Strategies Group Inc. grew its holdings in shares of SPDR Portfolio Emerging Markets ETF by 4.1% in the third quarter. Financial Strategies Group Inc. now owns 554,278 shares of the company’s stock worth $18,585,000 after purchasing an additional 21,578 shares during the last quarter. MBM Wealth Consultants LLC bought a new position in shares of SPDR Portfolio Emerging Markets ETF in the third quarter worth approximately $201,000. Finally, Watershed Private Wealth LLC grew its holdings in shares of SPDR Portfolio Emerging Markets ETF by 4.1% in the third quarter. Watershed Private Wealth LLC now owns 39,546 shares of the company’s stock worth $1,328,000 after purchasing an additional 1,561 shares during the last quarter.

SPDR Portfolio Emerging Markets ETF Stock Performance

Shares of SPDR Portfolio Emerging Markets ETF stock opened at $36.04 on Thursday. SPDR Portfolio Emerging Markets ETF has a 52-week low of $32.06 and a 52-week high of $37.06. The stock has a market capitalization of $8.56 billion, a price-to-earnings ratio of 12.11 and a beta of 0.78. The company’s 50 day moving average price is $35.95 and its 200-day moving average price is $34.86.

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.