SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) Position Reduced by Nicolet Advisory Services LLC

Nicolet Advisory Services LLC lowered its stake in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) by 14.3% during the 1st quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 10,885 shares of the company’s stock after selling 1,810 shares during the period. Nicolet Advisory Services LLC’s holdings in SPDR Portfolio Emerging Markets ETF were worth $403,000 as of its most recent filing with the SEC.

Several other institutional investors also recently modified their holdings of the stock. American National Bank grew its position in SPDR Portfolio Emerging Markets ETF by 179.0% during the 4th quarter. American National Bank now owns 809 shares of the company’s stock worth $29,000 after purchasing an additional 519 shares in the last quarter. Frazier Financial Advisors LLC purchased a new position in SPDR Portfolio Emerging Markets ETF during the 4th quarter worth approximately $32,000. WASHINGTON TRUST Co purchased a new position in SPDR Portfolio Emerging Markets ETF during the 1st quarter worth approximately $44,000. Tsfg LLC purchased a new position in SPDR Portfolio Emerging Markets ETF during the 4th quarter worth approximately $70,000. Finally, Fortitude Family Office LLC purchased a new position in SPDR Portfolio Emerging Markets ETF during the 4th quarter worth approximately $82,000.

SPDR Portfolio Emerging Markets ETF Price Performance

NYSEARCA SPEM traded down $0.36 on Friday, hitting $37.87. 548,909 shares of the stock were exchanged, compared to its average volume of 1,644,792. SPDR Portfolio Emerging Markets ETF has a 52-week low of $32.06 and a 52-week high of $39.32. The company has a market capitalization of $8.99 billion, a price-to-earnings ratio of 13.05 and a beta of 0.81. The company’s 50-day moving average price is $38.10 and its two-hundred day moving average price is $36.49.

About SPDR Portfolio Emerging Markets ETF

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.