Great Point Wealth Advisors LLC Lowers 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 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 160,857 shares of the company’s stock after selling 80,888 shares during the quarter. SPDR Portfolio Emerging Markets ETF comprises approximately 2.6% of Great Point Wealth Advisors LLC’s portfolio, making the stock its 14th biggest position. Great Point Wealth Advisors LLC’s holdings in SPDR Portfolio Emerging Markets ETF were worth $7,319,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors have also recently made changes to their positions in the stock. Investors Research Corp purchased a new position in SPDR Portfolio Emerging Markets ETF in the second quarter worth about $26,000. Stonebridge Capital Advisors LLC purchased a new stake in SPDR Portfolio Emerging Markets ETF during the 1st quarter valued at $71,000. Harbour Investments Inc. purchased a new position in shares of SPDR Portfolio Emerging Markets ETF in the first quarter worth $104,000. BlackRock Inc. lifted its holdings in shares of SPDR Portfolio Emerging Markets ETF by 26.8% during the first quarter. BlackRock Inc. now owns 2,552 shares of the company’s stock valued at $112,000 after purchasing an additional 540 shares in the last quarter. Finally, Bank of Montreal Can bought a new stake in SPDR Portfolio Emerging Markets ETF in the 2nd quarter worth about $157,000.

SPDR Portfolio Emerging Markets ETF stock traded up $0.18 during midday trading on Monday, reaching $42.97. 22,682 shares of the company traded hands, 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 business has a 50 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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