Patriot Financial Group Insurance Agency LLC Has $1.54 Million Position in SPDR Portfolio Emerging Markets ETF $SPEM

Patriot Financial Group Insurance Agency LLC cut its position in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) by 48.7% during the 3rd quarter, according to the company in its most recent disclosure with the SEC. The firm owned 32,959 shares of the company’s stock after selling 31,297 shares during the period. Patriot Financial Group Insurance Agency LLC’s holdings in SPDR Portfolio Emerging Markets ETF were worth $1,543,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently made changes to their positions in SPEM. Fiduciary Alliance LLC raised its stake in SPDR Portfolio Emerging Markets ETF by 1.3% during the 3rd quarter. Fiduciary Alliance LLC now owns 151,314 shares of the company’s stock worth $7,083,000 after buying an additional 2,014 shares during the period. OLD Point Trust & Financial Services N A increased its holdings in shares of SPDR Portfolio Emerging Markets ETF by 188.9% in the third quarter. OLD Point Trust & Financial Services N A now owns 14,277 shares of the company’s stock worth $668,000 after acquiring an additional 9,335 shares in the last quarter. Wedmont Private Capital raised its position in shares of SPDR Portfolio Emerging Markets ETF by 11.8% during the third quarter. Wedmont Private Capital now owns 20,329 shares of the company’s stock worth $960,000 after purchasing an additional 2,150 shares during the period. KWB Wealth raised its position in shares of SPDR Portfolio Emerging Markets ETF by 54.1% during the third quarter. KWB Wealth now owns 896,191 shares of the company’s stock worth $38,303,000 after purchasing an additional 314,438 shares during the period. Finally, Balefire LLC lifted its holdings in shares of SPDR Portfolio Emerging Markets ETF by 13.9% during the 3rd quarter. Balefire LLC now owns 64,510 shares of the company’s stock valued at $3,020,000 after purchasing an additional 7,868 shares in the last quarter.

SPDR Portfolio Emerging Markets ETF Stock Performance

Shares of SPEM opened at $47.02 on Friday. The stock has a 50 day simple moving average of $47.12 and a 200 day simple moving average of $45.19. SPDR Portfolio Emerging Markets ETF has a 52-week low of $34.38 and a 52-week high of $48.56. The firm has a market capitalization of $14.52 billion, a PE ratio of 15.39 and a beta of 0.56.

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.