SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) Shares Sold by Ervin Investment Management LLC

Ervin Investment Management LLC cut its holdings in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) by 4.5% in the 1st quarter, according to its most recent 13F filing with the SEC. The firm owned 70,381 shares of the company’s stock after selling 3,282 shares during the period. SPDR Portfolio Emerging Markets ETF comprises approximately 1.8% of Ervin Investment Management LLC’s holdings, making the stock its 14th biggest position. Ervin Investment Management LLC’s holdings in SPDR Portfolio Emerging Markets ETF were worth $2,547,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also modified their holdings of the business. Creative Planning boosted its stake in SPDR Portfolio Emerging Markets ETF by 2.0% during the 4th quarter. Creative Planning now owns 25,451,348 shares of the company’s stock valued at $901,232,000 after purchasing an additional 504,808 shares during the period. Allworth Financial LP lifted its stake in shares of SPDR Portfolio Emerging Markets ETF by 2.5% in the 4th quarter. Allworth Financial LP now owns 5,948,847 shares of the company’s stock worth $210,649,000 after acquiring an additional 144,613 shares during the period. TIAA Trust National Association lifted its stake in shares of SPDR Portfolio Emerging Markets ETF by 8.1% in the 4th quarter. TIAA Trust National Association now owns 5,107,031 shares of the company’s stock worth $180,840,000 after acquiring an additional 382,150 shares during the period. Envestnet Asset Management Inc. lifted its stake in shares of SPDR Portfolio Emerging Markets ETF by 5.2% in the 4th quarter. Envestnet Asset Management Inc. now owns 4,745,065 shares of the company’s stock worth $168,023,000 after acquiring an additional 232,533 shares during the period. Finally, Ameriprise Financial Inc. lifted its stake in shares of SPDR Portfolio Emerging Markets ETF by 6.9% in the 3rd quarter. Ameriprise Financial Inc. now owns 4,642,270 shares of the company’s stock worth $155,882,000 after acquiring an additional 299,484 shares during the period.

SPDR Portfolio Emerging Markets ETF Price Performance

Shares of NYSEARCA:SPEM remained flat at $37.58 during trading on Thursday. 1,325,236 shares of the stock were exchanged, compared to its average volume of 1,663,064. The business’s fifty day moving average is $37.52 and its two-hundred day moving average is $36.08. The firm has a market cap of $8.92 billion, a price-to-earnings ratio of 13.05 and a beta of 0.81. SPDR Portfolio Emerging Markets ETF has a 12 month low of $32.06 and a 12 month high of $38.84.

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.