Plan A Wealth LLC Sells 30,744 Shares of SPDR Portfolio Emerging Markets ETF $SPEM

Plan A Wealth LLC reduced its holdings in shares of SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) by 51.7% in the third quarter, Holdings Channel.com reports. The fund owned 28,738 shares of the company’s stock after selling 30,744 shares during the quarter. SPDR Portfolio Emerging Markets ETF comprises about 0.7% of Plan A Wealth LLC’s portfolio, making the stock its 16th largest holding. Plan A Wealth LLC’s holdings in SPDR Portfolio Emerging Markets ETF were worth $1,345,000 as of its most recent filing with the SEC.

Other hedge funds also recently bought and sold shares of the company. Ritholtz Wealth Management grew its holdings in shares of SPDR Portfolio Emerging Markets ETF by 1.1% in the third quarter. Ritholtz Wealth Management now owns 19,379 shares of the company’s stock worth $907,000 after purchasing an additional 210 shares during the last quarter. Verus Capital Partners LLC increased its position in shares of SPDR Portfolio Emerging Markets ETF by 1.3% during the second quarter. Verus Capital Partners LLC now owns 18,408 shares of the company’s stock worth $787,000 after acquiring an additional 235 shares during the period. Rockbridge Investment Management LCC raised its stake in shares of SPDR Portfolio Emerging Markets ETF by 1.0% during the second quarter. Rockbridge Investment Management LCC now owns 25,083 shares of the company’s stock valued at $1,072,000 after acquiring an additional 239 shares in the last quarter. Echo Wealth Management LLC boosted its holdings in shares of SPDR Portfolio Emerging Markets ETF by 0.4% in the third quarter. Echo Wealth Management LLC now owns 61,832 shares of the company’s stock valued at $2,894,000 after purchasing an additional 242 shares during the period. Finally, Apollon Wealth Management LLC grew its stake in SPDR Portfolio Emerging Markets ETF by 1.5% in the second quarter. Apollon Wealth Management LLC now owns 16,893 shares of the company’s stock worth $722,000 after purchasing an additional 244 shares in the last quarter.

SPDR Portfolio Emerging Markets ETF Stock Up 0.4%

Shares of NYSEARCA SPEM opened at $50.51 on Wednesday. The business has a fifty day simple moving average of $48.09 and a two-hundred day simple moving average of $46.75. The firm has a market cap of $16.87 billion, a PE ratio of 15.39 and a beta of 0.56. SPDR Portfolio Emerging Markets ETF has a twelve month low of $34.38 and a twelve month high of $50.62.

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.