Meeder Advisory Services Inc. Sells 19,089 Shares of SPDR Portfolio Emerging Markets ETF $SPEM

Meeder Advisory Services Inc. lowered its stake in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) by 3.5% during the third quarter, HoldingsChannel.com reports. The firm owned 528,978 shares of the company’s stock after selling 19,089 shares during the period. SPDR Portfolio Emerging Markets ETF makes up about 1.2% of Meeder Advisory Services Inc.’s holdings, making the stock its 19th biggest holding. Meeder Advisory Services Inc.’s holdings in SPDR Portfolio Emerging Markets ETF were worth $24,761,000 at the end of the most recent quarter.

Other institutional investors have also made changes to their positions in the company. Brighton Jones LLC bought a new stake in SPDR Portfolio Emerging Markets ETF in the fourth quarter valued at about $289,000. AQR Capital Management LLC grew its position in shares of SPDR Portfolio Emerging Markets ETF by 80.2% during the 1st quarter. AQR Capital Management LLC now owns 31,388 shares of the company’s stock worth $1,236,000 after buying an additional 13,972 shares during the period. Goldman Sachs Group Inc. increased its stake in shares of SPDR Portfolio Emerging Markets ETF by 6.6% in the 1st quarter. Goldman Sachs Group Inc. now owns 104,799 shares of the company’s stock valued at $4,126,000 after acquiring an additional 6,463 shares during the last quarter. Modern Wealth Management LLC raised its position in shares of SPDR Portfolio Emerging Markets ETF by 10.4% in the 1st quarter. Modern Wealth Management LLC now owns 6,424 shares of the company’s stock valued at $253,000 after acquiring an additional 605 shares during the period. Finally, Capital Asset Advisory Services LLC raised its position in shares of SPDR Portfolio Emerging Markets ETF by 10.7% in the 2nd quarter. Capital Asset Advisory Services LLC now owns 597,221 shares of the company’s stock valued at $25,591,000 after acquiring an additional 57,734 shares during the period.

SPDR Portfolio Emerging Markets ETF Price Performance

SPDR Portfolio Emerging Markets ETF stock opened at $48.21 on Monday. The firm has a market capitalization of $15.88 billion, a price-to-earnings ratio of 15.39 and a beta of 0.56. The company’s 50 day simple moving average is $47.08 and its 200 day simple moving average is $45.79. SPDR Portfolio Emerging Markets ETF has a fifty-two week low of $34.38 and a fifty-two week high of $48.58.

SPDR Portfolio Emerging Markets ETF 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.