Wallace Advisory Group LLC Sells 480 Shares of SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM)

Wallace Advisory Group LLC reduced its holdings in shares of SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) by 3.6% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 12,975 shares of the company’s stock after selling 480 shares during the quarter. Wallace Advisory Group LLC’s holdings in SPDR Portfolio Emerging Markets ETF were worth $536,000 at the end of the most recent reporting period.

Several other hedge funds also recently made changes to their positions in SPEM. State Street Corp grew its stake in shares of SPDR Portfolio Emerging Markets ETF by 10.4% during the 3rd quarter. State Street Corp now owns 6,290,419 shares of the company’s stock worth $259,668,000 after acquiring an additional 591,019 shares in the last quarter. LPL Financial LLC boosted its holdings in shares of SPDR Portfolio Emerging Markets ETF by 5.2% in the 3rd quarter. LPL Financial LLC now owns 9,644,278 shares of the company’s stock valued at $398,116,000 after buying an additional 476,292 shares during the last quarter. Thrivent Financial for Lutherans boosted its holdings in shares of SPDR Portfolio Emerging Markets ETF by 71.4% in the 2nd quarter. Thrivent Financial for Lutherans now owns 920,076 shares of the company’s stock valued at $34,659,000 after buying an additional 383,320 shares during the last quarter. Envestnet Asset Management Inc. boosted its holdings in shares of SPDR Portfolio Emerging Markets ETF by 6.9% in the 2nd quarter. Envestnet Asset Management Inc. now owns 4,995,049 shares of the company’s stock valued at $188,164,000 after buying an additional 323,995 shares during the last quarter. Finally, Tidal Investments LLC acquired a new stake in shares of SPDR Portfolio Emerging Markets ETF in the 3rd quarter valued at approximately $13,246,000.

SPDR Portfolio Emerging Markets ETF Trading Down 0.7 %

NYSEARCA SPEM opened at $37.07 on Tuesday. The company has a market cap of $8.80 billion, a PE ratio of 13.05 and a beta of 0.81. SPDR Portfolio Emerging Markets ETF has a 12 month low of $33.52 and a 12 month high of $42.88. The stock has a 50 day moving average of $39.33 and a 200-day moving average of $39.18.

SPDR Portfolio Emerging Markets ETF Company 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.