AllGen Financial Advisors Inc. Sells 7,312 Shares of SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM)

AllGen Financial Advisors Inc. lessened its stake in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) by 20.7% in the 4th quarter, HoldingsChannel reports. The institutional investor owned 27,992 shares of the company’s stock after selling 7,312 shares during the quarter. AllGen Financial Advisors Inc.’s holdings in SPDR Portfolio Emerging Markets ETF were worth $1,074,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Atlas Capital Advisors Inc. raised its position in SPDR Portfolio Emerging Markets ETF by 0.4% during the fourth quarter. Atlas Capital Advisors Inc. now owns 408,642 shares of the company’s stock worth $15,680,000 after acquiring an additional 1,468 shares in the last quarter. Arete Wealth Advisors LLC increased its stake in shares of SPDR Portfolio Emerging Markets ETF by 16.6% during the 4th quarter. Arete Wealth Advisors LLC now owns 48,778 shares of the company’s stock worth $1,873,000 after purchasing an additional 6,935 shares during the last quarter. OneAscent Financial Services LLC bought a new stake in shares of SPDR Portfolio Emerging Markets ETF in the 4th quarter valued at about $8,248,000. WESCAP Management Group Inc. lifted its stake in SPDR Portfolio Emerging Markets ETF by 6.1% in the 4th quarter. WESCAP Management Group Inc. now owns 58,849 shares of the company’s stock valued at $2,258,000 after purchasing an additional 3,407 shares during the last quarter. Finally, Alliance Wealth Management Group grew its holdings in SPDR Portfolio Emerging Markets ETF by 2.3% during the fourth quarter. Alliance Wealth Management Group now owns 99,234 shares of the company’s stock worth $3,808,000 after purchasing an additional 2,192 shares during the period.

SPDR Portfolio Emerging Markets ETF Stock Down 1.9 %

Shares of NYSEARCA SPEM opened at $38.87 on Friday. SPDR Portfolio Emerging Markets ETF has a twelve month low of $35.00 and a twelve month high of $42.88. The company has a market cap of $10.28 billion, a PE ratio of 14.84 and a beta of 0.67. The business’s 50 day moving average price is $39.55 and its two-hundred day moving average price is $39.70.

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.