Stonehearth Capital Management LLC Sells 1,303 Shares of SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM)

Stonehearth Capital Management LLC trimmed its position in shares of SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) by 3.3% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 38,105 shares of the company’s stock after selling 1,303 shares during the period. SPDR Portfolio Emerging Markets ETF makes up 0.6% of Stonehearth Capital Management LLC’s portfolio, making the stock its 24th biggest holding. Stonehearth Capital Management LLC’s holdings in SPDR Portfolio Emerging Markets ETF were worth $1,462,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Envestnet Asset Management Inc. boosted its stake in SPDR Portfolio Emerging Markets ETF by 6.9% during the 2nd quarter. Envestnet Asset Management Inc. now owns 4,995,049 shares of the company’s stock valued at $188,164,000 after purchasing an additional 323,995 shares during the period. Stifel Financial Corp lifted its holdings in shares of SPDR Portfolio Emerging Markets ETF by 6.7% during the third quarter. Stifel Financial Corp now owns 64,565 shares of the company’s stock worth $2,665,000 after buying an additional 4,049 shares during the last quarter. Second Line Capital LLC boosted its position in shares of SPDR Portfolio Emerging Markets ETF by 4.5% in the second quarter. Second Line Capital LLC now owns 203,959 shares of the company’s stock valued at $7,683,000 after acquiring an additional 8,783 shares during the period. SPC Financial Inc. grew its stake in shares of SPDR Portfolio Emerging Markets ETF by 5.1% in the second quarter. SPC Financial Inc. now owns 79,752 shares of the company’s stock worth $3,004,000 after acquiring an additional 3,889 shares during the last quarter. Finally, Advisory Resource Group increased its position in SPDR Portfolio Emerging Markets ETF by 5.4% during the third quarter. Advisory Resource Group now owns 60,213 shares of the company’s stock worth $2,486,000 after acquiring an additional 3,068 shares during the period.

SPDR Portfolio Emerging Markets ETF Stock Down 0.2 %

SPDR Portfolio Emerging Markets ETF stock traded down $0.07 during mid-day trading on Tuesday, reaching $38.41. The company had a trading volume of 541,969 shares, compared to its average volume of 1,937,322. The firm has a market cap of $9.12 billion, a price-to-earnings ratio of 13.05 and a beta of 0.81. The company has a 50 day moving average of $39.59 and a 200-day moving average of $39.18. SPDR Portfolio Emerging Markets ETF has a 52 week low of $33.52 and a 52 week high of $42.88.

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.