Heritage Family Offices LLP Decreases Stake in SPDR Portfolio Emerging Markets ETF $SPEM

Heritage Family Offices LLP cut its holdings in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) by 9.3% in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 339,952 shares of the company’s stock after selling 34,651 shares during the quarter. SPDR Portfolio Emerging Markets ETF makes up 7.2% of Heritage Family Offices LLP’s portfolio, making the stock its 2nd largest position. Heritage Family Offices LLP owned 0.10% of SPDR Portfolio Emerging Markets ETF worth $15,913,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also added to or reduced their stakes in the stock. CWM LLC boosted its holdings in SPDR Portfolio Emerging Markets ETF by 3.3% in the third quarter. CWM LLC now owns 2,263,731 shares of the company’s stock valued at $105,965,000 after acquiring an additional 73,219 shares during the last quarter. BlueStem Wealth Partners LLC raised its holdings in SPDR Portfolio Emerging Markets ETF by 6.7% during the 3rd quarter. BlueStem Wealth Partners LLC now owns 1,049,706 shares of the company’s stock worth $49,137,000 after purchasing an additional 65,492 shares during the last quarter. Farther Finance Advisors LLC raised its holdings in SPDR Portfolio Emerging Markets ETF by 45.5% during the 3rd quarter. Farther Finance Advisors LLC now owns 58,564 shares of the company’s stock worth $2,741,000 after purchasing an additional 18,303 shares during the last quarter. Cerity Partners LLC lifted its position in SPDR Portfolio Emerging Markets ETF by 0.7% during the 3rd quarter. Cerity Partners LLC now owns 2,688,945 shares of the company’s stock valued at $125,869,000 after purchasing an additional 18,041 shares during the period. Finally, Axos Invest Inc. acquired a new position in SPDR Portfolio Emerging Markets ETF during the 3rd quarter valued at about $1,471,000.

SPDR Portfolio Emerging Markets ETF Trading Down 0.9%

Shares of NYSEARCA SPEM opened at $46.19 on Wednesday. SPDR Portfolio Emerging Markets ETF has a 1 year low of $34.38 and a 1 year high of $51.35. The firm’s 50-day moving average is $49.07 and its 200-day moving average is $47.75. The firm has a market capitalization of $15.43 billion, a PE ratio of 15.39 and a beta of 0.56.

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.