SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) Stake Reduced by Y Intercept Hong Kong Ltd

Y Intercept Hong Kong Ltd cut its holdings in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) by 79.0% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 13,083 shares of the company’s stock after selling 49,123 shares during the quarter. Y Intercept Hong Kong Ltd’s holdings in SPDR Portfolio Emerging Markets ETF were worth $502,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently bought and sold shares of SPEM. Compass Planning Associates Inc bought a new stake in SPDR Portfolio Emerging Markets ETF in the fourth quarter worth about $28,000. Archer Investment Corp bought a new stake in SPDR Portfolio Emerging Markets ETF in the third quarter worth about $39,000. Strategic Wealth Investment Group LLC bought a new stake in SPDR Portfolio Emerging Markets ETF in the fourth quarter worth about $46,000. Blue Trust Inc. raised its position in SPDR Portfolio Emerging Markets ETF by 474.2% in the fourth quarter. Blue Trust Inc. now owns 2,274 shares of the company’s stock worth $94,000 after acquiring an additional 1,878 shares in the last quarter. Finally, McClarren Financial Advisors Inc. raised its position in SPDR Portfolio Emerging Markets ETF by 12.3% in the fourth quarter. McClarren Financial Advisors Inc. now owns 2,885 shares of the company’s stock worth $110,000 after acquiring an additional 316 shares in the last quarter.

SPDR Portfolio Emerging Markets ETF Trading Down 1.3 %

Shares of SPEM opened at $38.86 on Friday. The business’s 50-day moving average price is $38.87 and its 200 day moving average price is $39.47. The stock has a market capitalization of $10.15 billion, a P/E ratio of 14.32 and a beta of 0.66. SPDR Portfolio Emerging Markets ETF has a 1-year low of $35.00 and a 1-year high of $42.88.

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.