Sanctuary Advisors LLC Reduces Position in SPDR Portfolio Emerging Markets ETF $SPEM

Sanctuary Advisors LLC lessened its holdings in shares of SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) by 32.6% in the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 142,262 shares of the company’s stock after selling 68,964 shares during the quarter. Sanctuary Advisors LLC’s holdings in SPDR Portfolio Emerging Markets ETF were worth $6,674,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Midwest Capital Advisors LLC boosted its holdings in shares of SPDR Portfolio Emerging Markets ETF by 33.3% in the fourth quarter. Midwest Capital Advisors LLC now owns 407,988 shares of the company’s stock worth $19,098,000 after acquiring an additional 101,817 shares during the period. Brooklyn FI LLC grew its position in shares of SPDR Portfolio Emerging Markets ETF by 19.9% in the fourth quarter. Brooklyn FI LLC now owns 144,230 shares of the company’s stock valued at $6,751,000 after purchasing an additional 23,983 shares in the last quarter. McNamara Financial Services Inc. raised its stake in shares of SPDR Portfolio Emerging Markets ETF by 1.6% during the 4th quarter. McNamara Financial Services Inc. now owns 869,793 shares of the company’s stock valued at $40,715,000 after purchasing an additional 13,566 shares during the period. Forefront Wealth Partners LLC raised its stake in shares of SPDR Portfolio Emerging Markets ETF by 28.8% during the 4th quarter. Forefront Wealth Partners LLC now owns 52,564 shares of the company’s stock valued at $2,461,000 after purchasing an additional 11,756 shares during the period. Finally, Lunt Capital Management Inc. purchased a new stake in SPDR Portfolio Emerging Markets ETF during the 4th quarter worth about $569,000.

SPDR Portfolio Emerging Markets ETF Stock Down 1.6%

Shares of NYSEARCA SPEM opened at $50.19 on Friday. SPDR Portfolio Emerging Markets ETF has a 52 week low of $42.66 and a 52 week high of $53.54. The business has a 50-day simple moving average of $51.71 and a two-hundred day simple moving average of $49.96. The company has a market cap of $16.99 billion, a P/E ratio of 15.39 and a beta of 0.60.

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.