Diversify Advisory Services LLC Sells 14,183 Shares of SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM)

Diversify Advisory Services LLC reduced its stake in shares of SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) by 31.8% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 30,355 shares of the company’s stock after selling 14,183 shares during the quarter. Diversify Advisory Services LLC’s holdings in SPDR Portfolio Emerging Markets ETF were worth $1,133,000 at the end of the most recent reporting period.

Several other institutional investors have also added to or reduced their stakes in SPEM. LPL Financial LLC lifted its holdings in shares of SPDR Portfolio Emerging Markets ETF by 5.2% during the third quarter. LPL Financial LLC now owns 9,644,278 shares of the company’s stock valued at $398,116,000 after purchasing an additional 476,292 shares during the last quarter. Allworth Financial LP grew its stake in shares of SPDR Portfolio Emerging Markets ETF by 1.1% in the third quarter. Allworth Financial LP now owns 6,297,465 shares of the company’s stock worth $259,959,000 after acquiring an additional 67,205 shares during the last quarter. State Street Corp increased its holdings in shares of SPDR Portfolio Emerging Markets ETF by 10.4% during the third quarter. State Street Corp now owns 6,290,419 shares of the company’s stock valued at $259,668,000 after acquiring an additional 591,019 shares in the last quarter. Assetmark Inc. raised its position in shares of SPDR Portfolio Emerging Markets ETF by 10.2% in the 3rd quarter. Assetmark Inc. now owns 2,212,515 shares of the company’s stock worth $91,333,000 after purchasing an additional 204,960 shares during the last quarter. Finally, Townsquare Capital LLC increased its position in shares of SPDR Portfolio Emerging Markets ETF by 6.5% during the third quarter. Townsquare Capital LLC now owns 2,154,446 shares of the company’s stock valued at $88,936,000 after acquiring an additional 132,008 shares in the last quarter.

SPDR Portfolio Emerging Markets ETF Trading Up 0.9 %

Shares of SPEM opened at $38.26 on Tuesday. The company has a market cap of $9.08 billion, a price-to-earnings ratio of 13.05 and a beta of 0.81. The business’s fifty day simple moving average is $39.05 and its two-hundred day simple moving average is $39.18. SPDR Portfolio Emerging Markets ETF has a 12 month low of $33.72 and a 12 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.