Sigma Planning Corp Decreases Stake in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM)

Sigma Planning Corp lessened its holdings in shares of SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) by 42.9% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 10,336 shares of the company’s stock after selling 7,762 shares during the period. Sigma Planning Corp’s holdings in SPDR Portfolio Emerging Markets ETF were worth $427,000 at the end of the most recent reporting period.

A number of other hedge funds also recently bought and sold shares of SPEM. Envestnet Asset Management Inc. boosted its position in shares of SPDR Portfolio Emerging Markets ETF by 6.9% during the 2nd quarter. Envestnet Asset Management Inc. now owns 4,995,049 shares of the company’s stock valued at $188,164,000 after acquiring an additional 323,995 shares during the last quarter. US Bancorp DE raised its stake in SPDR Portfolio Emerging Markets ETF by 40.9% during the first quarter. US Bancorp DE now owns 13,995 shares of the company’s stock worth $506,000 after purchasing an additional 4,063 shares during the period. Forbes Financial Planning Inc. boosted its holdings in SPDR Portfolio Emerging Markets ETF by 104.7% in the 2nd quarter. Forbes Financial Planning Inc. now owns 67,199 shares of the company’s stock valued at $2,531,000 after purchasing an additional 34,371 shares during the last quarter. Raymond James & Associates grew its stake in shares of SPDR Portfolio Emerging Markets ETF by 9.1% in the 2nd quarter. Raymond James & Associates now owns 237,873 shares of the company’s stock valued at $8,961,000 after buying an additional 19,939 shares during the period. Finally, Second Line Capital LLC increased its holdings in shares of SPDR Portfolio Emerging Markets ETF by 4.5% during the 2nd quarter. Second Line Capital LLC now owns 203,959 shares of the company’s stock worth $7,683,000 after buying an additional 8,783 shares during the last quarter.

SPDR Portfolio Emerging Markets ETF Stock Performance

SPEM opened at $39.01 on Friday. The business’s 50 day moving average price is $40.32 and its 200 day moving average price is $38.76. The stock has a market capitalization of $9.26 billion, a PE ratio of 13.05 and a beta of 0.81. SPDR Portfolio Emerging Markets ETF has a one year low of $33.52 and a one year high of $42.88.

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.