SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) Shares Sold by Financial Strategies Group Inc.

Financial Strategies Group Inc. lessened its position in shares of SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) by 1.2% during the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 565,405 shares of the company’s stock after selling 6,619 shares during the quarter. SPDR Portfolio Emerging Markets ETF comprises about 5.6% of Financial Strategies Group Inc.’s investment portfolio, making the stock its 5th largest position. Financial Strategies Group Inc.’s holdings in SPDR Portfolio Emerging Markets ETF were worth $20,937,000 at the end of the most recent reporting period.

Several other large investors have also made changes to their positions in the company. Citigroup Inc. raised its position in shares of SPDR Portfolio Emerging Markets ETF by 2.4% during the 3rd quarter. Citigroup Inc. now owns 19,027 shares of the company’s stock valued at $639,000 after acquiring an additional 445 shares during the last quarter. Axxcess Wealth Management LLC grew its stake in shares of SPDR Portfolio Emerging Markets ETF by 393.5% during the third quarter. Axxcess Wealth Management LLC now owns 385,085 shares of the company’s stock worth $12,927,000 after purchasing an additional 307,060 shares during the period. Ameriprise Financial Inc. increased its holdings in SPDR Portfolio Emerging Markets ETF by 6.9% in the third quarter. Ameriprise Financial Inc. now owns 4,642,270 shares of the company’s stock valued at $155,882,000 after purchasing an additional 299,484 shares during the last quarter. Evergreen Capital Management LLC lifted its stake in SPDR Portfolio Emerging Markets ETF by 23.2% in the third quarter. Evergreen Capital Management LLC now owns 12,562 shares of the company’s stock valued at $422,000 after buying an additional 2,366 shares during the period. Finally, Knightsbridge Asset Management LLC boosted its holdings in SPDR Portfolio Emerging Markets ETF by 35.9% during the third quarter. Knightsbridge Asset Management LLC now owns 304,992 shares of the company’s stock worth $10,239,000 after buying an additional 80,648 shares during the last quarter.

SPDR Portfolio Emerging Markets ETF Trading Up 0.2 %

Shares of SPEM stock traded up $0.09 on Tuesday, reaching $37.83. The company had a trading volume of 1,564,041 shares, compared to its average volume of 1,664,496. The stock has a market cap of $8.98 billion, a PE ratio of 13.05 and a beta of 0.81. The company has a 50-day moving average of $37.65 and a 200-day moving average of $36.15. SPDR Portfolio Emerging Markets ETF has a 12 month low of $32.06 and a 12 month high of $38.84.

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.