Boston Mountain Money Management Inc. Lowers Stock Holdings in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM)

Boston Mountain Money Management Inc. decreased its position in shares of SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) by 3.2% during the second quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 78,906 shares of the company’s stock after selling 2,635 shares during the quarter. SPDR Portfolio Emerging Markets ETF makes up 2.0% of Boston Mountain Money Management Inc.’s holdings, making the stock its 13th largest holding. Boston Mountain Money Management Inc.’s holdings in SPDR Portfolio Emerging Markets ETF were worth $2,972,000 at the end of the most recent quarter.

Other large investors also recently modified their holdings of the company. CFS Investment Advisory Services LLC lifted its stake in shares of SPDR Portfolio Emerging Markets ETF by 4.5% during the 4th quarter. CFS Investment Advisory Services LLC now owns 103,296 shares of the company’s stock valued at $3,658,000 after buying an additional 4,447 shares in the last quarter. Private Advisor Group LLC lifted its stake in SPDR Portfolio Emerging Markets ETF by 14.4% in the 4th quarter. Private Advisor Group LLC now owns 1,293,431 shares of the company’s stock worth $45,800,000 after purchasing an additional 162,689 shares in the last quarter. Eudaimonia Advisors LLC lifted its stake in SPDR Portfolio Emerging Markets ETF by 2.1% in the 4th quarter. Eudaimonia Advisors LLC now owns 16,180 shares of the company’s stock worth $573,000 after purchasing an additional 329 shares in the last quarter. Savvy Advisors Inc. purchased a new stake in SPDR Portfolio Emerging Markets ETF in the 4th quarter worth $597,000. Finally, Valley Financial Group Inc. purchased a new stake in SPDR Portfolio Emerging Markets ETF in the 4th quarter worth $4,849,000.

SPDR Portfolio Emerging Markets ETF Stock Up 1.0 %

SPEM stock traded up $0.39 during mid-day trading on Monday, hitting $38.90. The company had a trading volume of 1,824,988 shares, compared to its average volume of 1,608,277. The company has a market capitalization of $9.23 billion, a price-to-earnings ratio of 13.05 and a beta of 0.81. SPDR Portfolio Emerging Markets ETF has a 12-month low of $32.06 and a 12-month high of $39.32. The company has a 50-day moving average price of $37.90 and a 200 day moving average price of $36.92.

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.