Values Added Financial LLC Lowers Stake in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM)

Values Added Financial LLC cut its holdings in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) by 1.0% during the 4th quarter, HoldingsChannel.com reports. The fund owned 141,669 shares of the company’s stock after selling 1,484 shares during the period. SPDR Portfolio Emerging Markets ETF makes up 4.1% of Values Added Financial LLC’s investment portfolio, making the stock its 7th largest position. Values Added Financial LLC’s holdings in SPDR Portfolio Emerging Markets ETF were worth $5,017,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in the business. Trinity Wealth Management LLC lifted its holdings in shares of SPDR Portfolio Emerging Markets ETF by 7.8% during the 4th quarter. Trinity Wealth Management LLC now owns 17,097 shares of the company’s stock valued at $605,000 after buying an additional 1,240 shares during the period. Grey Fox Wealth Advisors LLC lifted its holdings in shares of SPDR Portfolio Emerging Markets ETF by 16.0% during the 4th quarter. Grey Fox Wealth Advisors LLC now owns 97,548 shares of the company’s stock valued at $3,454,000 after buying an additional 13,442 shares during the period. IFG Advisory LLC lifted its holdings in shares of SPDR Portfolio Emerging Markets ETF by 19.2% during the 4th quarter. IFG Advisory LLC now owns 11,734 shares of the company’s stock valued at $416,000 after buying an additional 1,894 shares during the period. Bridge Advisory LLC lifted its holdings in shares of SPDR Portfolio Emerging Markets ETF by 5.3% during the 4th quarter. Bridge Advisory LLC now owns 32,055 shares of the company’s stock valued at $1,135,000 after buying an additional 1,602 shares during the period. Finally, Vision Capital Management Inc. lifted its holdings in shares of SPDR Portfolio Emerging Markets ETF by 1.6% during the 4th quarter. Vision Capital Management Inc. now owns 144,014 shares of the company’s stock valued at $5,100,000 after buying an additional 2,311 shares during the period.

SPDR Portfolio Emerging Markets ETF Price Performance

NYSEARCA SPEM opened at $36.19 on Friday. The business’s fifty day moving average price is $35.33 and its 200-day moving average price is $34.53. The stock has a market capitalization of $7.74 billion, a price-to-earnings ratio of 10.59 and a beta of 0.68. SPDR Portfolio Emerging Markets ETF has a 1-year low of $32.06 and a 1-year high of $36.47.

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.