Sharkey Howes & Javer Sells 13,251 Shares of SPDR Portfolio Emerging Markets ETF $SPEM

Sharkey Howes & Javer cut its holdings in shares of SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) by 14.9% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 75,640 shares of the company’s stock after selling 13,251 shares during the period. Sharkey Howes & Javer’s holdings in SPDR Portfolio Emerging Markets ETF were worth $3,541,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds also recently modified their holdings of SPEM. Allworth Financial LP boosted its stake in SPDR Portfolio Emerging Markets ETF by 38.5% in the third quarter. Allworth Financial LP now owns 9,261,432 shares of the company’s stock valued at $433,528,000 after acquiring an additional 2,572,333 shares during the last quarter. Envestnet Asset Management Inc. lifted its stake in shares of SPDR Portfolio Emerging Markets ETF by 7.1% in the 3rd quarter. Envestnet Asset Management Inc. now owns 6,946,967 shares of the company’s stock valued at $325,188,000 after purchasing an additional 462,591 shares during the period. Ameriprise Financial Inc. boosted its position in shares of SPDR Portfolio Emerging Markets ETF by 5.5% in the 2nd quarter. Ameriprise Financial Inc. now owns 5,339,952 shares of the company’s stock worth $228,232,000 after purchasing an additional 279,126 shares during the last quarter. Northwestern Mutual Wealth Management Co. boosted its position in shares of SPDR Portfolio Emerging Markets ETF by 3.7% in the 3rd quarter. Northwestern Mutual Wealth Management Co. now owns 3,503,688 shares of the company’s stock worth $164,008,000 after purchasing an additional 123,404 shares during the last quarter. Finally, 3EDGE Asset Management LP grew its stake in shares of SPDR Portfolio Emerging Markets ETF by 1.7% during the third quarter. 3EDGE Asset Management LP now owns 3,235,624 shares of the company’s stock worth $151,402,000 after purchasing an additional 53,100 shares during the period.

SPDR Portfolio Emerging Markets ETF Trading Down 2.7%

NYSEARCA SPEM opened at $45.90 on Friday. The stock has a 50-day simple moving average of $48.98 and a 200 day simple moving average of $47.74. The company has a market capitalization of $15.33 billion, a PE ratio of 15.39 and a beta of 0.56. SPDR Portfolio Emerging Markets ETF has a 12 month low of $34.38 and a 12 month high of $51.35.

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.