SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) Shares Sold by Regal Investment Advisors LLC

Regal Investment Advisors LLC cut its stake in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) by 33.3% during the 2nd quarter, according to its most recent Form 13F filing with the SEC. The fund owned 7,646 shares of the company’s stock after selling 3,813 shares during the period. Regal Investment Advisors LLC’s holdings in SPDR Portfolio Emerging Markets ETF were worth $288,000 as of its most recent SEC filing.

A number of other institutional investors have also recently bought and sold shares of the stock. Second Line Capital LLC grew its position in SPDR Portfolio Emerging Markets ETF by 4.5% during the second quarter. Second Line Capital LLC now owns 203,959 shares of the company’s stock valued at $7,683,000 after acquiring an additional 8,783 shares during the period. Wallace Advisory Group LLC grew its holdings in shares of SPDR Portfolio Emerging Markets ETF by 4.1% during the 2nd quarter. Wallace Advisory Group LLC now owns 13,455 shares of the company’s stock worth $507,000 after purchasing an additional 533 shares during the period. NewEdge Advisors LLC increased its position in SPDR Portfolio Emerging Markets ETF by 13.7% during the 2nd quarter. NewEdge Advisors LLC now owns 521,821 shares of the company’s stock worth $19,657,000 after purchasing an additional 63,019 shares in the last quarter. Magnolia Capital Advisors LLC purchased a new position in SPDR Portfolio Emerging Markets ETF in the second quarter valued at approximately $10,530,000. Finally, Daymark Wealth Partners LLC acquired a new position in SPDR Portfolio Emerging Markets ETF during the second quarter valued at approximately $5,271,000.

SPDR Portfolio Emerging Markets ETF Stock Up 1.8 %

SPEM opened at $42.42 on Thursday. The company has a 50 day moving average of $38.49 and a two-hundred day moving average of $37.76. SPDR Portfolio Emerging Markets ETF has a 52-week low of $32.06 and a 52-week high of $42.55. The company has a market cap of $10.07 billion, a P/E ratio of 13.05 and a beta of 0.81.

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.