Jim Saulnier & Associates LLC Trims Stake in SPDR Portfolio Emerging Markets ETF $SPEM

Jim Saulnier & Associates LLC cut its position in shares of SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) by 65.5% in the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 22,079 shares of the company’s stock after selling 41,986 shares during the period. Jim Saulnier & Associates LLC’s holdings in SPDR Portfolio Emerging Markets ETF were worth $1,143,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors also recently bought and sold shares of SPEM. First Command Advisory Services Inc. acquired a new position in shares of SPDR Portfolio Emerging Markets ETF in the fourth quarter valued at about $26,000. Ascentis Independent Advisors acquired a new stake in shares of SPDR Portfolio Emerging Markets ETF in the first quarter worth approximately $27,000. Safe Harbor Fiduciary LLC acquired a new position in SPDR Portfolio Emerging Markets ETF during the fourth quarter worth about $32,000. Robinswood Financial LLC purchased a new stake in SPDR Portfolio Emerging Markets ETF during the 1st quarter valued at about $32,000. Finally, Front Row Advisors LLC lifted its stake in SPDR Portfolio Emerging Markets ETF by 147.9% in the 3rd quarter. Front Row Advisors LLC now owns 771 shares of the company’s stock worth $36,000 after purchasing an additional 460 shares in the last quarter.

SPDR Portfolio Emerging Markets ETF Stock Up 0.8%

Shares of SPEM opened at $53.41 on Friday. The stock has a fifty day simple moving average of $51.66 and a two-hundred day simple moving average of $50.66. The company has a market capitalization of $18.08 billion, a PE ratio of 15.39 and a beta of 0.61. SPDR Portfolio Emerging Markets ETF has a 52-week low of $44.62 and a 52-week high of $53.54.

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.