Simon Quick Advisors LLC Sells 11,725 Shares of SPDR Portfolio Emerging Markets ETF $SPEM

Simon Quick Advisors LLC decreased its holdings in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) by 16.1% in the first quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 61,025 shares of the company’s stock after selling 11,725 shares during the quarter. Simon Quick Advisors LLC’s holdings in SPDR Portfolio Emerging Markets ETF were worth $2,863,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also bought and sold shares of SPEM. Charles Schwab Investment Management Inc. raised its holdings in shares of SPDR Portfolio Emerging Markets ETF by 20.1% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 15,874,429 shares of the company’s stock valued at $743,082,000 after purchasing an additional 2,653,013 shares during the last quarter. LPL Financial LLC boosted its holdings in SPDR Portfolio Emerging Markets ETF by 12.7% in the fourth quarter. LPL Financial LLC now owns 15,587,049 shares of the company’s stock worth $729,630,000 after purchasing an additional 1,758,866 shares during the last quarter. HighTower Advisors LLC grew its position in SPDR Portfolio Emerging Markets ETF by 51.5% in the 4th quarter. HighTower Advisors LLC now owns 2,626,206 shares of the company’s stock worth $122,933,000 after purchasing an additional 893,023 shares during the period. State Street Corp grew its position in SPDR Portfolio Emerging Markets ETF by 23.1% in the 4th quarter. State Street Corp now owns 4,419,838 shares of the company’s stock worth $206,893,000 after purchasing an additional 830,465 shares during the period. Finally, Bank of America Corp DE raised its stake in SPDR Portfolio Emerging Markets ETF by 54.2% during the 3rd quarter. Bank of America Corp DE now owns 2,300,860 shares of the company’s stock valued at $107,703,000 after buying an additional 809,020 shares during the last quarter.

SPDR Portfolio Emerging Markets ETF Price Performance

NYSEARCA SPEM opened at $50.19 on Friday. The business’s fifty day moving average price is $51.71 and its 200-day moving average price is $49.96. The stock has a market capitalization of $16.99 billion, a price-to-earnings ratio of 15.39 and a beta of 0.60. SPDR Portfolio Emerging Markets ETF has a 1-year low of $42.66 and a 1-year high of $53.54.

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.