SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) Shares Sold by Charles Schwab Investment Management Inc.

Charles Schwab Investment Management Inc. lowered its holdings in shares of SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) by 7.6% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 199,720 shares of the company’s stock after selling 16,474 shares during the period. Charles Schwab Investment Management Inc.’s holdings in SPDR Portfolio Emerging Markets ETF were worth $7,663,000 as of its most recent SEC filing.

Several other hedge funds have also recently added to or reduced their stakes in SPEM. Compass Planning Associates Inc bought a new stake in SPDR Portfolio Emerging Markets ETF during the 4th quarter valued at $28,000. Strategic Wealth Investment Group LLC bought a new stake in SPDR Portfolio Emerging Markets ETF during the 4th quarter valued at $46,000. SBI Securities Co. Ltd. bought a new stake in SPDR Portfolio Emerging Markets ETF during the 4th quarter valued at $64,000. Archer Investment Corp raised its stake in SPDR Portfolio Emerging Markets ETF by 83.7% during the 4th quarter. Archer Investment Corp now owns 1,723 shares of the company’s stock valued at $66,000 after acquiring an additional 785 shares in the last quarter. Finally, Blue Trust Inc. raised its stake in SPDR Portfolio Emerging Markets ETF by 474.2% during the 4th quarter. Blue Trust Inc. now owns 2,274 shares of the company’s stock valued at $94,000 after acquiring an additional 1,878 shares in the last quarter.

SPDR Portfolio Emerging Markets ETF Price Performance

Shares of SPDR Portfolio Emerging Markets ETF stock opened at $40.03 on Monday. The business’s fifty day moving average price is $39.27 and its two-hundred day moving average price is $39.61. The company has a market capitalization of $10.58 billion, a P/E ratio of 14.80 and a beta of 0.67. SPDR Portfolio Emerging Markets ETF has a 1-year low of $35.00 and a 1-year high of $42.88.

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.