Calton & Associates Inc. Cuts Stock Position in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM)

Calton & Associates Inc. lowered its stake in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) by 3.5% during the second quarter, Holdings Channel.com reports. The firm owned 13,395 shares of the company’s stock after selling 486 shares during the quarter. Calton & Associates Inc.’s holdings in SPDR Portfolio Emerging Markets ETF were worth $505,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Creative Planning grew its position in shares of SPDR Portfolio Emerging Markets ETF by 2.0% in the 4th quarter. Creative Planning now owns 25,451,348 shares of the company’s stock valued at $901,232,000 after buying an additional 504,808 shares during the last quarter. Allworth Financial LP increased its position in shares of SPDR Portfolio Emerging Markets ETF by 1.8% during the first quarter. Allworth Financial LP now owns 6,058,748 shares of the company’s stock worth $219,266,000 after purchasing an additional 109,901 shares in the last quarter. TIAA Trust National Association lifted its holdings in shares of SPDR Portfolio Emerging Markets ETF by 6.1% in the 1st quarter. TIAA Trust National Association now owns 5,419,849 shares of the company’s stock valued at $196,144,000 after purchasing an additional 312,818 shares during the last quarter. Envestnet Asset Management Inc. boosted its position 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 valued at $168,023,000 after purchasing an additional 232,533 shares during the period. Finally, Wells Fargo & Company MN grew its stake in SPDR Portfolio Emerging Markets ETF by 38.2% during the 4th quarter. Wells Fargo & Company MN now owns 2,491,923 shares of the company’s stock worth $88,239,000 after buying an additional 688,304 shares during the last quarter.

SPDR Portfolio Emerging Markets ETF Stock Up 1.0 %

SPEM traded up $0.37 during trading on Friday, hitting $38.51. 810,007 shares of the stock were exchanged, compared to its average volume of 1,606,906. SPDR Portfolio Emerging Markets ETF has a 1-year low of $32.06 and a 1-year high of $39.32. The stock has a fifty day moving average price of $37.90 and a two-hundred day moving average price of $36.91. The firm has a market capitalization of $9.14 billion, a P/E 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.