American Financial & Tax Strategies Inc. Sells 478 Shares of SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM)

American Financial & Tax Strategies Inc. decreased its position in shares of SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) by 1.6% in the 2nd quarter, according to its most recent 13F filing with the SEC. The firm owned 29,209 shares of the company’s stock after selling 478 shares during the quarter. American Financial & Tax Strategies Inc.’s holdings in SPDR Portfolio Emerging Markets ETF were worth $1,100,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently made changes to their positions in SPEM. Rothschild Investment LLC purchased a new stake in SPDR Portfolio Emerging Markets ETF during the second quarter valued at about $27,000. American National Bank boosted its holdings in SPDR Portfolio Emerging Markets ETF by 179.0% in the 4th quarter. American National Bank now owns 809 shares of the company’s stock worth $29,000 after buying an additional 519 shares during the period. Frazier Financial Advisors LLC bought a new position in SPDR Portfolio Emerging Markets ETF in the 4th quarter worth approximately $32,000. Lynx Investment Advisory purchased a new position in SPDR Portfolio Emerging Markets ETF in the 2nd quarter valued at approximately $35,000. Finally, SouthState Corp bought a new stake in SPDR Portfolio Emerging Markets ETF during the 2nd quarter valued at $86,000.

SPDR Portfolio Emerging Markets ETF Price Performance

SPDR Portfolio Emerging Markets ETF stock opened at $38.31 on Friday. SPDR Portfolio Emerging Markets ETF has a one year low of $32.06 and a one year high of $39.32. The firm has a market capitalization of $9.09 billion, a P/E ratio of 13.05 and a beta of 0.81. The business has a fifty day moving average price of $38.03 and a 200-day moving average price of $37.35.

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.