Stevens Capital Partners Decreases Stake in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM)

Stevens Capital Partners reduced its stake in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) by 16.1% in the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 6,930 shares of the company’s stock after selling 1,333 shares during the quarter. Stevens Capital Partners’ holdings in SPDR Portfolio Emerging Markets ETF were worth $261,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently modified their holdings of the stock. Aptus Capital Advisors LLC raised its position in shares of SPDR Portfolio Emerging Markets ETF by 17.7% in the 2nd quarter. Aptus Capital Advisors LLC now owns 1,587,424 shares of the company’s stock valued at $59,798,000 after purchasing an additional 238,352 shares during the last quarter. International Private Wealth Advisors LLC increased its holdings in SPDR Portfolio Emerging Markets ETF by 131.0% in the 2nd quarter. International Private Wealth Advisors LLC now owns 17,151 shares of the company’s stock worth $646,000 after buying an additional 9,726 shares during the period. Farther Finance Advisors LLC increased its holdings in SPDR Portfolio Emerging Markets ETF by 4.7% in the 2nd quarter. Farther Finance Advisors LLC now owns 54,105 shares of the company’s stock worth $2,042,000 after buying an additional 2,424 shares during the period. Commonwealth Equity Services LLC increased its holdings in SPDR Portfolio Emerging Markets ETF by 6.1% in the 2nd quarter. Commonwealth Equity Services LLC now owns 345,823 shares of the company’s stock worth $13,027,000 after buying an additional 20,012 shares during the period. Finally, Wealth Alliance Advisory Group LLC increased its holdings in SPDR Portfolio Emerging Markets ETF by 2.0% in the 2nd quarter. Wealth Alliance Advisory Group LLC now owns 210,169 shares of the company’s stock worth $7,917,000 after buying an additional 4,069 shares during the period.

SPDR Portfolio Emerging Markets ETF Price Performance

NYSEARCA:SPEM traded up $0.10 during midday trading on Friday, hitting $38.59. The company’s stock had a trading volume of 744,678 shares, compared to its average volume of 1,574,337. SPDR Portfolio Emerging Markets ETF has a fifty-two week low of $32.06 and a fifty-two week high of $39.32. The firm’s 50 day moving average is $38.02 and its 200-day moving average is $37.19. The firm has a market cap of $9.16 billion, a P/E ratio of 13.05 and a beta of 0.81.

SPDR Portfolio Emerging Markets ETF 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.