Great Point Wealth Advisors LLC Decreases Holdings in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM)

Great Point Wealth Advisors LLC cut its stake in shares of SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) by 33.5% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 160,857 shares of the company’s stock after selling 80,888 shares during the period. SPDR Portfolio Emerging Markets ETF comprises approximately 2.6% of Great Point Wealth Advisors LLC’s holdings, making the stock its 14th largest position. Great Point Wealth Advisors LLC’s holdings in SPDR Portfolio Emerging Markets ETF were worth $7,319,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Keel Point LLC purchased a new stake in SPDR Portfolio Emerging Markets ETF during the 2nd quarter valued at $519,000. Investors Research Corp purchased a new stake in shares of SPDR Portfolio Emerging Markets ETF in the 2nd quarter worth $26,000. Stonebridge Capital Advisors LLC purchased a new stake in shares of SPDR Portfolio Emerging Markets ETF in the 1st quarter worth $71,000. Harbour Investments Inc. purchased a new stake in shares of SPDR Portfolio Emerging Markets ETF in the 1st quarter worth $104,000. Finally, BlackRock Inc. increased its stake in shares of SPDR Portfolio Emerging Markets ETF by 26.8% in the 1st quarter. BlackRock Inc. now owns 2,552 shares of the company’s stock worth $112,000 after purchasing an additional 540 shares in the last quarter.

Shares of NYSEARCA:SPEM traded up $0.18 during midday trading on Monday, hitting $42.97. The company had a trading volume of 22,682 shares, compared to its average volume of 1,490,128. SPDR Portfolio Emerging Markets ETF has a 12-month low of $35.19 and a 12-month high of $47.56. The company has a fifty day moving average of $43.26 and a two-hundred day moving average of $44.13.

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Institutional Ownership by Quarter for SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM)

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