SPDR Portfolio Emerging Markets ETF $SPEM Shares Sold by Kraft Davis & Associates LLC

Kraft Davis & Associates LLC lessened its stake in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) by 82.4% in the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 4,721 shares of the company’s stock after selling 22,136 shares during the quarter. Kraft Davis & Associates LLC’s holdings in SPDR Portfolio Emerging Markets ETF were worth $224,000 at the end of the most recent reporting period.

A number of other hedge funds also recently made changes to their positions in the company. Brighton Jones LLC acquired a new position in shares of SPDR Portfolio Emerging Markets ETF during the fourth quarter worth $289,000. AQR Capital Management LLC increased its stake in 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 SPDR Portfolio Emerging Markets ETF by 6.6% during the 1st quarter. Goldman Sachs Group Inc. now owns 104,799 shares of the company’s stock worth $4,126,000 after buying an additional 6,463 shares during the period. Janney Montgomery Scott LLC acquired a new position in SPDR Portfolio Emerging Markets ETF in the 2nd quarter worth $1,182,000. Finally, Ameritas Advisory Services LLC acquired a new position in SPDR Portfolio Emerging Markets ETF in the 2nd quarter worth $100,000.

SPDR Portfolio Emerging Markets ETF Price Performance

Shares of SPDR Portfolio Emerging Markets ETF stock opened at $49.91 on Friday. The business has a 50-day moving average of $47.96 and a 200-day moving average of $46.62. The company has a market capitalization of $16.67 billion, a PE ratio of 15.39 and a beta of 0.56. SPDR Portfolio Emerging Markets ETF has a 1-year low of $34.38 and a 1-year high of $50.58.

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.