Synergy Asset Management LLC Sells 16,357 Shares of SPDR Portfolio Emerging Markets ETF $SPEM

Synergy Asset Management LLC decreased its position in shares of SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) by 71.8% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 6,415 shares of the company’s stock after selling 16,357 shares during the quarter. Synergy Asset Management LLC’s holdings in SPDR Portfolio Emerging Markets ETF were worth $300,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also bought and sold shares of the company. Brighton Jones LLC bought a new position in SPDR Portfolio Emerging Markets ETF in the fourth quarter valued at about $289,000. AQR Capital Management LLC boosted its stake in shares of SPDR Portfolio Emerging Markets ETF by 80.2% during the first quarter. AQR Capital Management LLC now owns 31,388 shares of the company’s stock valued at $1,236,000 after purchasing an additional 13,972 shares in the last quarter. Goldman Sachs Group Inc. grew its holdings in shares of SPDR Portfolio Emerging Markets ETF by 6.6% during the first quarter. Goldman Sachs Group Inc. now owns 104,799 shares of the company’s stock worth $4,126,000 after purchasing an additional 6,463 shares during the last quarter. JPMorgan Chase & Co. grew its holdings in shares of SPDR Portfolio Emerging Markets ETF by 32.5% during the second quarter. JPMorgan Chase & Co. now owns 993,049 shares of the company’s stock worth $42,443,000 after purchasing an additional 243,577 shares during the last quarter. Finally, Steward Partners Investment Advisory LLC increased its stake in shares of SPDR Portfolio Emerging Markets ETF by 8.7% in the second quarter. Steward Partners Investment Advisory LLC now owns 30,178 shares of the company’s stock valued at $1,290,000 after buying an additional 2,409 shares during the period.

SPDR Portfolio Emerging Markets ETF Price Performance

Shares of NYSEARCA SPEM opened at $45.57 on Friday. The company has a 50 day simple moving average of $48.92 and a 200 day simple moving average of $47.74. The firm has a market cap of $15.22 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 $51.35.

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.