Private Wealth Group LLC Sells 926 Shares of SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM)

Private Wealth Group LLC lessened its stake in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) by 8.7% in the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 9,702 shares of the company’s stock after selling 926 shares during the period. Private Wealth Group LLC’s holdings in SPDR Portfolio Emerging Markets ETF were worth $400,000 at the end of the most recent reporting period.

Several other hedge funds have also made changes to their positions in SPEM. WealthPLAN Partners LLC lifted its stake in SPDR Portfolio Emerging Markets ETF by 3.5% during the first quarter. WealthPLAN Partners LLC now owns 8,398 shares of the company’s stock worth $304,000 after purchasing an additional 282 shares during the period. United Asset Strategies Inc. lifted its stake in SPDR Portfolio Emerging Markets ETF by 4.1% during the second quarter. United Asset Strategies Inc. now owns 7,507 shares of the company’s stock worth $283,000 after purchasing an additional 298 shares during the period. Verus Capital Partners LLC lifted its stake in SPDR Portfolio Emerging Markets ETF by 1.8% during 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 lifted its stake in SPDR Portfolio Emerging Markets ETF by 3.4% during the second quarter. Epic Trust Investment Advisors LLC now owns 9,367 shares of the company’s stock worth $353,000 after purchasing an additional 304 shares during the period. Finally, Beacon Bridge Wealth Partners LLC lifted its stake 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 Stock Up 0.1 %

Shares of SPEM opened at $40.24 on Friday. The stock has a market cap of $9.55 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 $32.99 and a 12 month high of $42.88. The company has a 50-day moving average price of $39.98 and a two-hundred day moving average price of $38.48.

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.