Gladstone Institutional Advisory LLC Decreases Stake in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM)

Gladstone Institutional Advisory LLC cut its position in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) by 12.9% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 77,745 shares of the company’s stock after selling 11,471 shares during the period. Gladstone Institutional Advisory LLC’s holdings in SPDR Portfolio Emerging Markets ETF were worth $2,983,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also modified their holdings of the company. Occidental Asset Management LLC lifted its stake in SPDR Portfolio Emerging Markets ETF by 0.7% during the fourth quarter. Occidental Asset Management LLC now owns 46,414 shares of the company’s stock worth $1,781,000 after purchasing an additional 312 shares during the last quarter. Iams Wealth Management LLC lifted its position in shares of SPDR Portfolio Emerging Markets ETF by 1.1% during the 4th quarter. Iams Wealth Management LLC now owns 29,858 shares of the company’s stock worth $1,146,000 after buying an additional 330 shares during the last quarter. Alliance Wealth Advisors LLC UT boosted its holdings in shares of SPDR Portfolio Emerging Markets ETF by 1.8% in the 4th quarter. Alliance Wealth Advisors LLC UT now owns 18,744 shares of the company’s stock valued at $719,000 after buying an additional 330 shares in the last quarter. Hofer & Associates. Inc grew its position in shares of SPDR Portfolio Emerging Markets ETF by 1.2% in the 3rd quarter. Hofer & Associates. Inc now owns 27,976 shares of the company’s stock valued at $1,155,000 after buying an additional 332 shares during the last quarter. Finally, City State Bank raised its stake in SPDR Portfolio Emerging Markets ETF by 1.6% during the 4th quarter. City State Bank now owns 21,271 shares of the company’s stock worth $816,000 after acquiring an additional 335 shares in the last quarter.

SPDR Portfolio Emerging Markets ETF Price Performance

Shares of SPEM opened at $39.61 on Thursday. SPDR Portfolio Emerging Markets ETF has a 1-year low of $34.30 and a 1-year high of $42.88. The stock has a market cap of $9.40 billion, a PE ratio of 13.05 and a beta of 0.81. The firm has a fifty day moving average price of $38.90 and a 200 day moving average price of $39.24.

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.