Ade LLC Sells 412 Shares of SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM)

Ade LLC lessened its holdings in shares of SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) by 0.4% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 100,568 shares of the company’s stock after selling 412 shares during the period. SPDR Portfolio Emerging Markets ETF makes up 2.4% of Ade LLC’s portfolio, making the stock its 11th biggest position. Ade LLC’s holdings in SPDR Portfolio Emerging Markets ETF were worth $3,859,000 as of its most recent SEC filing.

Several other institutional investors have also modified their holdings of the business. Archer Investment Corp acquired a new position in SPDR Portfolio Emerging Markets ETF during the third quarter worth $39,000. Hershey Financial Advisers LLC acquired a new stake in SPDR Portfolio Emerging Markets ETF in the 2nd quarter valued at $49,000. McClarren Financial Advisors Inc. lifted its position in SPDR Portfolio Emerging Markets ETF by 583.2% during the 3rd quarter. McClarren Financial Advisors Inc. now owns 2,569 shares of the company’s stock worth $106,000 after buying an additional 2,193 shares in the last quarter. Fortitude Family Office LLC acquired a new position in shares of SPDR Portfolio Emerging Markets ETF during the 4th quarter worth about $121,000. Finally, Abound Wealth Management grew its holdings in shares of SPDR Portfolio Emerging Markets ETF by 420.2% in the 4th quarter. Abound Wealth Management now owns 3,418 shares of the company’s stock valued at $131,000 after acquiring an additional 2,761 shares in the last quarter.

SPDR Portfolio Emerging Markets ETF Stock Up 0.9 %

NYSEARCA:SPEM opened at $38.26 on Tuesday. SPDR Portfolio Emerging Markets ETF has a twelve month low of $33.72 and a twelve month high of $42.88. The firm has a market capitalization of $9.08 billion, a price-to-earnings ratio of 13.05 and a beta of 0.81. The stock’s 50 day moving average price is $39.05 and its two-hundred day moving average price is $39.18.

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.