Private Advisor Group LLC Cuts Stock Position in SPDR Portfolio Emerging Markets ETF $SPEM

Private Advisor Group LLC cut its holdings in shares of SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) by 2.9% during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 1,023,845 shares of the company’s stock after selling 30,321 shares during the quarter. Private Advisor Group LLC’s holdings in SPDR Portfolio Emerging Markets ETF were worth $47,926,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Brighton Jones LLC purchased a new stake in SPDR Portfolio Emerging Markets ETF during the 4th quarter worth about $289,000. AQR Capital Management LLC boosted its stake in shares of SPDR Portfolio Emerging Markets ETF by 80.2% in the 1st quarter. AQR Capital Management LLC now owns 31,388 shares of the company’s stock valued at $1,236,000 after buying an additional 13,972 shares during the period. Goldman Sachs Group Inc. grew its position in shares of SPDR Portfolio Emerging Markets ETF by 6.6% during the first quarter. Goldman Sachs Group Inc. now owns 104,799 shares of the company’s stock worth $4,126,000 after buying an additional 6,463 shares in the last quarter. Sigma Planning Corp grew its position in shares of SPDR Portfolio Emerging Markets ETF by 23.7% during the second quarter. Sigma Planning Corp now owns 10,511 shares of the company’s stock worth $449,000 after buying an additional 2,012 shares in the last quarter. Finally, Atlantic Union Bankshares Corp purchased a new stake in shares of SPDR Portfolio Emerging Markets ETF during the second quarter worth approximately $209,000.

SPDR Portfolio Emerging Markets ETF Stock Down 0.8%

NYSEARCA SPEM opened at $47.34 on Monday. SPDR Portfolio Emerging Markets ETF has a 52 week low of $34.38 and a 52 week high of $51.35. The firm has a 50 day moving average of $49.21 and a two-hundred day moving average of $47.53. The stock has a market capitalization of $15.81 billion, a PE ratio of 15.39 and a beta of 0.56.

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.