SPDR Portfolio Emerging Markets ETF $SPEM Shares Sold by Midwest Capital Advisors LLC

Midwest Capital Advisors LLC decreased its stake in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) by 37.5% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 255,169 shares of the company’s stock after selling 152,819 shares during the period. SPDR Portfolio Emerging Markets ETF comprises about 5.6% of Midwest Capital Advisors LLC’s holdings, making the stock its 4th largest holding. Midwest Capital Advisors LLC’s holdings in SPDR Portfolio Emerging Markets ETF were worth $11,970,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds have also recently added to or reduced their stakes in the stock. Brighton Jones LLC bought a new position in shares of SPDR Portfolio Emerging Markets ETF in the 4th quarter valued at $289,000. AQR Capital Management LLC grew its position in SPDR Portfolio Emerging Markets ETF by 80.2% during the 1st quarter. AQR Capital Management LLC now owns 31,388 shares of the company’s stock worth $1,236,000 after acquiring an additional 13,972 shares during the last quarter. Goldman Sachs Group Inc. grew its position in SPDR Portfolio Emerging Markets ETF by 6.6% during the 1st quarter. Goldman Sachs Group Inc. now owns 104,799 shares of the company’s stock worth $4,126,000 after acquiring an additional 6,463 shares during the last quarter. First Trust Advisors LP increased its holdings in SPDR Portfolio Emerging Markets ETF by 2.8% in the 2nd quarter. First Trust Advisors LP now owns 9,682 shares of the company’s stock worth $414,000 after purchasing an additional 263 shares in the last quarter. Finally, Marshall Wace LLP acquired a new position in SPDR Portfolio Emerging Markets ETF in the 2nd quarter worth about $768,000.

SPDR Portfolio Emerging Markets ETF Price Performance

Shares of NYSEARCA SPEM opened at $51.30 on Thursday. SPDR Portfolio Emerging Markets ETF has a 1 year low of $42.61 and a 1 year high of $53.54. The firm has a market cap of $17.31 billion, a PE ratio of 15.39 and a beta of 0.60. The company has a 50 day simple moving average of $51.72 and a 200 day simple moving average of $49.60.

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.