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

Lido Advisors LLC reduced its position in shares of SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) by 72.7% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 14,082 shares of the company’s stock after selling 37,449 shares during the period. Lido Advisors LLC’s holdings in SPDR Portfolio Emerging Markets ETF were worth $661,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently modified their holdings of SPEM. First Command Advisory Services Inc. purchased a new stake in SPDR Portfolio Emerging Markets ETF during the 4th quarter worth about $26,000. Ascentis Independent Advisors purchased a new position in shares of SPDR Portfolio Emerging Markets ETF in the 1st quarter valued at about $27,000. Safe Harbor Fiduciary LLC purchased a new position in shares of SPDR Portfolio Emerging Markets ETF in the 4th quarter valued at about $32,000. Front Row Advisors LLC raised its position in shares of SPDR Portfolio Emerging Markets ETF by 147.9% during the 3rd quarter. Front Row Advisors LLC now owns 771 shares of the company’s stock worth $36,000 after acquiring an additional 460 shares in the last quarter. Finally, IFC & Insurance Marketing Inc. purchased a new stake in SPDR Portfolio Emerging Markets ETF during the fourth quarter worth approximately $37,000.

SPDR Portfolio Emerging Markets ETF Stock Down 1.4%

SPEM stock opened at $49.40 on Thursday. The business has a 50 day moving average price of $51.53 and a 200 day moving average price of $50.14. The stock has a market cap of $16.72 billion, a price-to-earnings ratio of 15.39 and a beta of 0.60. SPDR Portfolio Emerging Markets ETF has a fifty-two week low of $42.66 and a fifty-two week high of $53.54.

SPDR Portfolio Emerging Markets ETF Company 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.