Choreo LLC Sells 17,210 Shares of SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM)

Choreo LLC decreased its holdings in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) by 18.3% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 76,924 shares of the company’s stock after selling 17,210 shares during the period. Choreo LLC’s holdings in SPDR Portfolio Emerging Markets ETF were worth $2,724,000 at the end of the most recent reporting period.

Other hedge funds have also recently made changes to their positions in the company. Mather Group LLC. boosted its stake in SPDR Portfolio Emerging Markets ETF by 16.9% during the fourth quarter. Mather Group LLC. now owns 10,726 shares of the company’s stock valued at $380,000 after buying an additional 1,553 shares during the last quarter. Gilbert & Cook Inc. boosted its stake in SPDR Portfolio Emerging Markets ETF by 73.9% during the fourth quarter. Gilbert & Cook Inc. now owns 18,615 shares of the company’s stock valued at $659,000 after buying an additional 7,912 shares during the last quarter. Vantage Financial Partners LLC bought a new position in SPDR Portfolio Emerging Markets ETF during the fourth quarter valued at approximately $1,478,000. Silver Oak Securities Incorporated boosted its stake in SPDR Portfolio Emerging Markets ETF by 36,011.1% during the fourth quarter. Silver Oak Securities Incorporated now owns 6,500 shares of the company’s stock valued at $230,000 after buying an additional 6,482 shares during the last quarter. Finally, Legacy Capital Wealth Partners LLC bought a new position in SPDR Portfolio Emerging Markets ETF during the fourth quarter valued at approximately $504,000.

SPDR Portfolio Emerging Markets ETF Price Performance

Shares of SPEM stock opened at $36.93 on Tuesday. SPDR Portfolio Emerging Markets ETF has a 1 year low of $32.06 and a 1 year high of $37.06. The stock’s 50 day simple moving average is $36.03 and its two-hundred day simple moving average is $34.93. The company has a market cap of $8.77 billion, a PE ratio of 12.30 and a beta of 0.79.

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.