Claro Advisors LLC Trims Holdings in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM)

Claro Advisors LLC trimmed its stake in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) by 61.5% during the third quarter, according to its most recent 13F filing with the SEC. The firm owned 3,521 shares of the company’s stock after selling 5,629 shares during the period. Claro Advisors LLC’s holdings in SPDR Portfolio Emerging Markets ETF were worth $145,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also made changes to their positions in SPEM. Rothschild Investment LLC purchased a new stake in shares of SPDR Portfolio Emerging Markets ETF in the 2nd quarter valued at approximately $27,000. Lynx Investment Advisory purchased a new stake in shares of SPDR Portfolio Emerging Markets ETF in the 2nd quarter valued at approximately $35,000. Hershey Financial Advisers LLC purchased a new stake in shares of SPDR Portfolio Emerging Markets ETF in the 2nd quarter valued at approximately $49,000. Strategic Financial Concepts LLC raised its stake in shares of SPDR Portfolio Emerging Markets ETF by 649.3% in the 2nd quarter. Strategic Financial Concepts LLC now owns 148,707 shares of the company’s stock valued at $56,000 after acquiring an additional 128,861 shares during the period. Finally, American National Bank raised its stake in shares of SPDR Portfolio Emerging Markets ETF by 132.0% in the 2nd quarter. American National Bank now owns 1,793 shares of the company’s stock valued at $68,000 after acquiring an additional 1,020 shares during the period.

SPDR Portfolio Emerging Markets ETF Stock Performance

SPDR Portfolio Emerging Markets ETF stock opened at $41.25 on Monday. SPDR Portfolio Emerging Markets ETF has a 1 year low of $32.06 and a 1 year high of $42.88. The company’s 50 day simple moving average is $39.52 and its 200-day simple moving average is $38.21. The company has a market capitalization of $9.79 billion, a price-to-earnings 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.