Ade LLC Sells 248 Shares of SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM)

Ade LLC cut its position in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) by 0.2% in the 3rd quarter, HoldingsChannel.com reports. The firm owned 100,980 shares of the company’s stock after selling 248 shares during the period. SPDR Portfolio Emerging Markets ETF comprises about 2.6% of Ade LLC’s portfolio, making the stock its 11th biggest holding. Ade LLC’s holdings in SPDR Portfolio Emerging Markets ETF were worth $4,168,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in SPEM. WealthPLAN Partners LLC boosted its stake in shares of SPDR Portfolio Emerging Markets ETF by 3.5% in the first quarter. WealthPLAN Partners LLC now owns 8,398 shares of the company’s stock valued at $304,000 after buying an additional 282 shares during the period. United Asset Strategies Inc. grew its holdings in shares of SPDR Portfolio Emerging Markets ETF by 4.1% during the 2nd quarter. United Asset Strategies Inc. now owns 7,507 shares of the company’s stock worth $283,000 after purchasing an additional 298 shares in the last quarter. Verus Capital Partners LLC increased its position in shares of SPDR Portfolio Emerging Markets ETF by 1.8% in the first quarter. Verus Capital Partners LLC now owns 17,201 shares of the company’s stock worth $623,000 after purchasing an additional 302 shares during the period. Epic Trust Investment Advisors LLC raised its stake in SPDR Portfolio Emerging Markets ETF by 3.4% in the second quarter. Epic Trust Investment Advisors LLC now owns 9,367 shares of the company’s stock valued at $353,000 after purchasing an additional 304 shares in the last quarter. Finally, Beacon Bridge Wealth Partners LLC lifted its position in SPDR Portfolio Emerging Markets ETF by 0.9% during the second quarter. Beacon Bridge Wealth Partners LLC now owns 36,566 shares of the company’s stock worth $1,377,000 after purchasing an additional 313 shares during the period.

SPDR Portfolio Emerging Markets ETF Trading Down 0.4 %

SPDR Portfolio Emerging Markets ETF stock traded down $0.16 during trading hours on Wednesday, reaching $40.42. 455,478 shares of the stock were exchanged, compared to its average volume of 1,581,183. The stock has a 50 day moving average of $39.88 and a two-hundred day moving average of $38.42. The company has a market cap of $9.60 billion, a P/E ratio of 13.05 and a beta of 0.81. SPDR Portfolio Emerging Markets ETF has a twelve month low of $32.23 and a twelve month high of $42.88.

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.