VestGen Advisors LLC reduced its position in shares of SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM – Free Report) by 21.5% in the 3rd quarter, HoldingsChannel reports. The firm owned 105,534 shares of the company’s stock after selling 28,879 shares during the period. VestGen Advisors LLC’s holdings in SPDR Portfolio Emerging Markets ETF were worth $5,462,000 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 SPEM. Ascentis Independent Advisors bought a new stake in SPDR Portfolio Emerging Markets ETF during the first quarter worth about $27,000. Align Financial LLC bought a new position in shares of SPDR Portfolio Emerging Markets ETF in the third quarter valued at approximately $32,000. Independence Bank of Kentucky bought a new position in shares of SPDR Portfolio Emerging Markets ETF in the third quarter valued at approximately $35,000. Robinswood Financial LLC acquired a new position in shares of SPDR Portfolio Emerging Markets ETF in the 1st quarter worth approximately $32,000. Finally, Latitude Advisors LLC acquired a new position in shares of SPDR Portfolio Emerging Markets ETF in the 3rd quarter worth approximately $59,000.
SPDR Portfolio Emerging Markets ETF Price Performance
NYSEARCA SPEM opened at $49.81 on Thursday. The firm has a market cap of $16.57 billion, a PE ratio of 15.39 and a beta of 0.61. SPDR Portfolio Emerging Markets ETF has a one year low of $45.28 and a one year high of $53.54. The stock’s 50 day simple moving average is $51.96 and its 200 day simple moving average is $50.71.
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.
Recommended Stories
- Five stocks we like better than SPDR Portfolio Emerging Markets ETF
- Boeing Got Its MAX 10 Approval, But Q3 Delivered a Reality Check
- The Invisible AI Backbone: Corning’s AI Fiber Play
- Heavy Metal: Why Nucor Could Be an Overlooked AI Infrastructure Winner
- Why Tesla’s Upside Is About More Than a SpaceX Merger
Want to see what other hedge funds are holding SPEM? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM – Free Report).
Receive News & Ratings for SPDR Portfolio Emerging Markets ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for SPDR Portfolio Emerging Markets ETF and related companies with MarketBeat.com's FREE daily email newsletter.
