Castleview Partners LLC Sells 5,627 Shares of SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM)

Castleview Partners LLC reduced its position in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) by 48.8% in the 1st quarter, Holdings Channel reports. The firm owned 5,905 shares of the company’s stock after selling 5,627 shares during the quarter. Castleview Partners LLC’s holdings in SPDR Portfolio Emerging Markets ETF were worth $232,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors have also recently bought and sold shares of the company. ORBA Wealth Advisors L.L.C. lifted its holdings in shares of SPDR Portfolio Emerging Markets ETF by 12.3% during the first quarter. ORBA Wealth Advisors L.L.C. now owns 108,024 shares of the company’s stock valued at $4,253,000 after acquiring an additional 11,790 shares during the period. Northern Trust Corp lifted its holdings in shares of SPDR Portfolio Emerging Markets ETF by 16.1% during the fourth quarter. Northern Trust Corp now owns 8,648 shares of the company’s stock valued at $332,000 after acquiring an additional 1,200 shares during the period. Tortoise Investment Management LLC lifted its holdings in shares of SPDR Portfolio Emerging Markets ETF by 3.6% during the fourth quarter. Tortoise Investment Management LLC now owns 302,406 shares of the company’s stock valued at $11,603,000 after acquiring an additional 10,486 shares during the period. US Bancorp DE lifted its holdings in shares of SPDR Portfolio Emerging Markets ETF by 4.5% during the fourth quarter. US Bancorp DE now owns 9,542 shares of the company’s stock valued at $366,000 after acquiring an additional 407 shares during the period. Finally, O Shaughnessy Asset Management LLC lifted its holdings in shares of SPDR Portfolio Emerging Markets ETF by 175.6% during the fourth quarter. O Shaughnessy Asset Management LLC now owns 35,465 shares of the company’s stock valued at $1,361,000 after acquiring an additional 22,597 shares during the period.

SPDR Portfolio Emerging Markets ETF Stock Performance

Shares of NYSEARCA SPEM opened at $41.49 on Friday. The stock has a market cap of $11.90 billion, a PE ratio of 14.82 and a beta of 0.55. The business has a fifty day moving average of $40.68 and a two-hundred day moving average of $39.58. SPDR Portfolio Emerging Markets ETF has a 52-week low of $34.38 and a 52-week high of $42.88.

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.