SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) Shares Sold by Advisor Resource Council

Advisor Resource Council trimmed its stake in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) by 85.2% during the first quarter, HoldingsChannel.com reports. The institutional investor owned 11,030 shares of the company’s stock after selling 63,451 shares during the quarter. Advisor Resource Council’s holdings in SPDR Portfolio Emerging Markets ETF were worth $391,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Creative Planning lifted its position in SPDR Portfolio Emerging Markets ETF by 2.0% in the 4th quarter. Creative Planning now owns 25,451,348 shares of the company’s stock valued at $901,232,000 after purchasing an additional 504,808 shares during the last quarter. Allworth Financial LP boosted its position in shares of SPDR Portfolio Emerging Markets ETF by 2.5% during the fourth quarter. Allworth Financial LP now owns 5,948,847 shares of the company’s stock worth $210,649,000 after buying an additional 144,613 shares during the period. TIAA Trust National Association boosted its position in shares of SPDR Portfolio Emerging Markets ETF by 8.1% during the fourth quarter. TIAA Trust National Association now owns 5,107,031 shares of the company’s stock worth $180,840,000 after buying an additional 382,150 shares during the period. Envestnet Asset Management Inc. grew its holdings in SPDR Portfolio Emerging Markets ETF by 5.2% in the 4th quarter. Envestnet Asset Management Inc. now owns 4,745,065 shares of the company’s stock worth $168,023,000 after buying an additional 232,533 shares in the last quarter. Finally, Ameriprise Financial Inc. increased its position in SPDR Portfolio Emerging Markets ETF by 6.9% in the 3rd quarter. Ameriprise Financial Inc. now owns 4,642,270 shares of the company’s stock valued at $155,882,000 after acquiring an additional 299,484 shares during the period.

SPDR Portfolio Emerging Markets ETF Stock Up 1.3 %

Shares of NYSEARCA SPEM opened at $38.38 on Friday. The stock has a market cap of $9.11 billion, a P/E ratio of 13.05 and a beta of 0.81. The firm’s 50-day simple moving average is $37.78 and its 200 day simple moving average is $36.20. SPDR Portfolio Emerging Markets ETF has a fifty-two week low of $32.06 and a fifty-two week high of $38.84.

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.