McKinley Carter Wealth Services Inc. Trims Holdings in SPDR Portfolio Emerging Markets ETF $SPEM

McKinley Carter Wealth Services Inc. trimmed its position in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) by 23.8% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 54,382 shares of the company’s stock after selling 16,997 shares during the period. McKinley Carter Wealth Services Inc.’s holdings in SPDR Portfolio Emerging Markets ETF were worth $2,546,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Hantz Financial Services Inc. lifted its holdings in SPDR Portfolio Emerging Markets ETF by 2,031.0% in the 3rd quarter. Hantz Financial Services Inc. now owns 618 shares of the company’s stock valued at $27,000 after purchasing an additional 589 shares in the last quarter. First Horizon Corp purchased a new position in shares of SPDR Portfolio Emerging Markets ETF during the 3rd quarter worth about $29,000. Front Row Advisors LLC lifted its holdings in shares of SPDR Portfolio Emerging Markets ETF by 147.9% during the 3rd quarter. Front Row Advisors LLC now owns 771 shares of the company’s stock worth $36,000 after acquiring an additional 460 shares during the period. Signaturefd LLC purchased a new position in shares of SPDR Portfolio Emerging Markets ETF during the 4th quarter worth about $40,000. Finally, International Assets Investment Management LLC purchased a new position in shares of SPDR Portfolio Emerging Markets ETF during the 4th quarter worth about $40,000.

SPDR Portfolio Emerging Markets ETF Price Performance

Shares of SPEM stock opened at $50.93 on Tuesday. The firm has a market cap of $17.46 billion, a P/E ratio of 15.39 and a beta of 0.60. SPDR Portfolio Emerging Markets ETF has a 1-year low of $40.67 and a 1-year high of $53.03. The firm’s 50-day simple moving average is $49.13 and its 200-day simple moving average is $48.53.

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.