SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) Stock Position Cut by Brown Financial Advisory

Brown Financial Advisory cut its holdings in shares of SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) by 3.2% during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 139,501 shares of the company’s stock after selling 4,651 shares during the quarter. SPDR Portfolio Emerging Markets ETF makes up approximately 3.8% of Brown Financial Advisory’s holdings, making the stock its 6th largest holding. Brown Financial Advisory owned about 0.06% of SPDR Portfolio Emerging Markets ETF worth $5,353,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently bought and sold shares of the business. Stifel Financial Corp grew its position in shares of SPDR Portfolio Emerging Markets ETF by 6.7% in the 3rd quarter. Stifel Financial Corp now owns 64,565 shares of the company’s stock worth $2,665,000 after acquiring an additional 4,049 shares in the last quarter. Advisory Resource Group grew its position in shares of SPDR Portfolio Emerging Markets ETF by 5.4% in the 3rd 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 in the last quarter. JPMorgan Chase & Co. grew its position in shares of SPDR Portfolio Emerging Markets ETF by 3.1% in the 3rd quarter. JPMorgan Chase & Co. now owns 637,654 shares of the company’s stock worth $26,322,000 after acquiring an additional 19,370 shares in the last quarter. Forbes Financial Planning Inc. boosted its position in SPDR Portfolio Emerging Markets ETF by 8.8% during the 3rd quarter. Forbes Financial Planning Inc. now owns 73,136 shares of the company’s stock valued at $3,019,000 after purchasing an additional 5,937 shares during the period. Finally, Broadview Financial Management LLC boosted its position in SPDR Portfolio Emerging Markets ETF by 24.4% during the 3rd quarter. Broadview Financial Management LLC now owns 27,003 shares of the company’s stock valued at $1,115,000 after purchasing an additional 5,299 shares during the period.

SPDR Portfolio Emerging Markets ETF Price Performance

Shares of SPEM opened at $38.73 on Friday. The company has a market cap of $9.19 billion, a P/E ratio of 13.05 and a beta of 0.81. The stock has a fifty day moving average price of $38.94 and a 200 day moving average price of $39.17. SPDR Portfolio Emerging Markets ETF has a 12 month low of $33.94 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.