Wallace Advisory Group LLC Decreases Stake in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM)

Wallace Advisory Group LLC cut its stake in shares of SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEMFree Report) by 22.8% during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 12,922 shares of the company’s stock after selling 3,811 shares during the quarter. Wallace Advisory Group LLC’s holdings in SPDR Portfolio Emerging Markets ETF were worth $458,000 as of its most recent SEC filing.

Other hedge funds have also recently made changes to their positions in the company. Charles Schwab Investment Management Inc. purchased a new position in shares of SPDR Portfolio Emerging Markets ETF in the third quarter worth about $18,593,000. Citigroup Inc. raised its position in SPDR Portfolio Emerging Markets ETF by 2.4% during the 3rd quarter. Citigroup Inc. now owns 19,027 shares of the company’s stock worth $639,000 after buying an additional 445 shares during the last quarter. Kestra Advisory Services LLC lifted its stake in SPDR Portfolio Emerging Markets ETF by 64.9% during the 3rd quarter. Kestra Advisory Services LLC now owns 34,951 shares of the company’s stock valued at $1,173,000 after acquiring an additional 13,756 shares during the period. Cary Street Partners Investment Advisory LLC boosted its holdings in shares of SPDR Portfolio Emerging Markets ETF by 96.8% in the 3rd quarter. Cary Street Partners Investment Advisory LLC now owns 11,510 shares of the company’s stock valued at $386,000 after acquiring an additional 5,662 shares during the last quarter. Finally, Certified Advisory Corp increased its stake in shares of SPDR Portfolio Emerging Markets ETF by 3.5% in the third quarter. Certified Advisory Corp now owns 11,299 shares of the company’s stock worth $379,000 after acquiring an additional 387 shares during the period.

SPDR Portfolio Emerging Markets ETF Trading Down 0.2 %

Shares of NYSEARCA SPEM traded down $0.09 during trading on Tuesday, reaching $37.66. 958,575 shares of the company traded hands, compared to its average volume of 1,670,481. The stock has a market cap of $8.94 billion, a P/E ratio of 13.05 and a beta of 0.81. The firm’s fifty day simple moving average is $37.43 and its 200 day simple moving average is $36.05. SPDR Portfolio Emerging Markets ETF has a 12-month low of $32.06 and a 12-month high of $38.84.

SPDR Portfolio Emerging Markets ETF Company Profile

(Free Report)

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.

Featured Articles

Institutional Ownership by Quarter for SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM)

Receive News & Ratings for SPDR Portfolio Emerging Markets ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for SPDR Portfolio Emerging Markets ETF and related companies with MarketBeat.com's FREE daily email newsletter.