Stone Summit Wealth LLC Decreases Position in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM)

Stone Summit Wealth LLC cut its holdings in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) by 8.2% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 6,934 shares of the company’s stock after selling 618 shares during the period. Stone Summit Wealth LLC’s holdings in SPDR Portfolio Emerging Markets ETF were worth $266,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently modified their holdings of the company. City State Bank boosted its holdings in SPDR Portfolio Emerging Markets ETF by 10.3% during the 3rd quarter. City State Bank now owns 20,936 shares of the company’s stock valued at $864,000 after acquiring an additional 1,950 shares during the period. Koshinski Asset Management Inc. lifted its position in SPDR Portfolio Emerging Markets ETF by 2.5% in the third quarter. Koshinski Asset Management Inc. now owns 57,291 shares of the company’s stock valued at $2,365,000 after purchasing an additional 1,407 shares during the last quarter. Affiance Financial LLC lifted its position in SPDR Portfolio Emerging Markets ETF by 7.0% in the third quarter. Affiance Financial LLC now owns 146,663 shares of the company’s stock valued at $6,054,000 after purchasing an additional 9,563 shares during the last quarter. ORG Wealth Partners LLC bought a new position in shares of SPDR Portfolio Emerging Markets ETF in the third quarter worth approximately $250,000. Finally, Boston Mountain Money Management Inc. increased its stake in shares of SPDR Portfolio Emerging Markets ETF by 0.5% in the third quarter. Boston Mountain Money Management Inc. now owns 79,282 shares of the company’s stock worth $3,273,000 after buying an additional 376 shares during the period.

SPDR Portfolio Emerging Markets ETF Stock Up 0.0 %

Shares of NYSEARCA SPEM opened at $39.18 on Monday. The company has a market cap of $9.30 billion, a price-to-earnings ratio of 13.05 and a beta of 0.81. The firm’s fifty day moving average is $38.91 and its 200 day moving average is $39.20. SPDR Portfolio Emerging Markets ETF has a 52 week low of $34.30 and a 52 week high of $42.88.

SPDR Portfolio Emerging Markets ETF Company 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.