SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) Shares Sold by Advisor Resource Council

Advisor Resource Council reduced its stake in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) by 85.2% during the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 11,030 shares of the company’s stock after selling 63,451 shares during the period. Advisor Resource Council’s holdings in SPDR Portfolio Emerging Markets ETF were worth $391,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in SPEM. CFS Investment Advisory Services LLC grew its stake in SPDR Portfolio Emerging Markets ETF by 4.5% during the 4th quarter. CFS Investment Advisory Services LLC now owns 103,296 shares of the company’s stock worth $3,658,000 after buying an additional 4,447 shares during the last quarter. Fiduciary Alliance LLC increased its holdings in shares of SPDR Portfolio Emerging Markets ETF by 2.0% in the 4th quarter. Fiduciary Alliance LLC now owns 117,258 shares of the company’s stock valued at $4,152,000 after acquiring an additional 2,278 shares during the period. Private Advisor Group LLC raised its position in SPDR Portfolio Emerging Markets ETF by 14.4% in the 4th quarter. Private Advisor Group LLC now owns 1,293,431 shares of the company’s stock valued at $45,800,000 after purchasing an additional 162,689 shares during the last quarter. Eudaimonia Advisors LLC raised its position in SPDR Portfolio Emerging Markets ETF by 2.1% in the 4th quarter. Eudaimonia Advisors LLC now owns 16,180 shares of the company’s stock valued at $573,000 after purchasing an additional 329 shares during the last quarter. Finally, Savvy Advisors Inc. acquired a new stake in SPDR Portfolio Emerging Markets ETF during the 4th quarter worth $597,000.

SPDR Portfolio Emerging Markets ETF Stock Performance

NYSEARCA SPEM opened at $38.38 on Friday. The firm’s fifty day moving average is $37.78 and its two-hundred day moving average is $36.20. SPDR Portfolio Emerging Markets ETF has a one year low of $32.06 and a one year high of $38.84. The firm has a market cap of $9.11 billion, a PE ratio of 13.05 and a beta of 0.81.

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.