Walkner Condon Financial Advisors LLC Sells 7,987 Shares of SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM)

Walkner Condon Financial Advisors LLC cut its stake in shares of SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) by 2.3% in the fourth quarter, according to its most recent disclosure with the SEC. The firm owned 333,409 shares of the company’s stock after selling 7,987 shares during the period. SPDR Portfolio Emerging Markets ETF comprises about 2.6% of Walkner Condon Financial Advisors LLC’s holdings, making the stock its 8th biggest holding. Walkner Condon Financial Advisors LLC’s holdings in SPDR Portfolio Emerging Markets ETF were worth $12,793,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in the stock. Heritage Family Offices LLP increased its position in shares of SPDR Portfolio Emerging Markets ETF by 0.7% during the third quarter. Heritage Family Offices LLP now owns 445,640 shares of the company’s stock worth $18,396,000 after purchasing an additional 3,096 shares in the last quarter. Cornerstone Wealth Management LLC grew its holdings in shares of SPDR Portfolio Emerging Markets ETF by 6.9% during the third quarter. Cornerstone Wealth Management LLC now owns 57,515 shares of the company’s stock worth $2,374,000 after buying an additional 3,712 shares in the last quarter. Leicht Financial Planning & Wealth Management Inc. grew its holdings in shares of SPDR Portfolio Emerging Markets ETF by 2.3% during the third quarter. Leicht Financial Planning & Wealth Management Inc. now owns 126,216 shares of the company’s stock worth $5,210,000 after buying an additional 2,817 shares in the last quarter. Probity Advisors Inc. raised its position in shares of SPDR Portfolio Emerging Markets ETF by 0.3% in the third quarter. Probity Advisors Inc. now owns 129,860 shares of the company’s stock valued at $5,361,000 after buying an additional 380 shares during the last quarter. Finally, Good Life Advisors LLC boosted its position in SPDR Portfolio Emerging Markets ETF by 7.7% during the third quarter. Good Life Advisors LLC now owns 197,639 shares of the company’s stock worth $8,158,000 after acquiring an additional 14,052 shares during the last quarter.

SPDR Portfolio Emerging Markets ETF Trading Up 0.4 %

Shares of NYSEARCA SPEM opened at $39.76 on Friday. The stock has a market cap of $9.44 billion, a PE ratio of 13.05 and a beta of 0.81. SPDR Portfolio Emerging Markets ETF has a 12-month low of $34.74 and a 12-month high of $42.88. The company has a 50-day moving average of $38.89 and a 200 day moving average of $39.24.

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.