Wrapmanager Inc. Sells 56,375 Shares of SPDR Portfolio Emerging Markets ETF $SPEM

Wrapmanager Inc. reduced its position in shares of SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) by 16.2% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 292,337 shares of the company’s stock after selling 56,375 shares during the period. SPDR Portfolio Emerging Markets ETF comprises approximately 4.2% of Wrapmanager Inc.’s portfolio, making the stock its 4th largest position. Wrapmanager Inc. owned approximately 0.09% of SPDR Portfolio Emerging Markets ETF worth $13,684,000 at the end of the most recent quarter.

Several other large investors have also recently bought and sold shares of the business. First Heartland Consultants Inc. raised its stake in SPDR Portfolio Emerging Markets ETF by 13.3% in the third quarter. First Heartland Consultants Inc. now owns 8,596 shares of the company’s stock valued at $402,000 after buying an additional 1,012 shares in the last quarter. EverSource Wealth Advisors LLC increased its holdings in shares of SPDR Portfolio Emerging Markets ETF by 3.1% in the 3rd quarter. EverSource Wealth Advisors LLC now owns 26,854 shares of the company’s stock valued at $1,257,000 after acquiring an additional 815 shares during the last quarter. Clearstead Advisors LLC increased its holdings in shares of SPDR Portfolio Emerging Markets ETF by 11.6% in the 3rd quarter. Clearstead Advisors LLC now owns 161,208 shares of the company’s stock valued at $7,546,000 after acquiring an additional 16,805 shares during the last quarter. Vestmark Advisory Solutions Inc. raised its position in shares of SPDR Portfolio Emerging Markets ETF by 413.7% during the 3rd quarter. Vestmark Advisory Solutions Inc. now owns 153,072 shares of the company’s stock worth $7,165,000 after acquiring an additional 123,272 shares in the last quarter. Finally, Alliance Wealth Advisors LLC UT lifted its stake in SPDR Portfolio Emerging Markets ETF by 2.0% during the third quarter. Alliance Wealth Advisors LLC UT now owns 172,409 shares of the company’s stock worth $8,070,000 after purchasing an additional 3,440 shares during the last quarter.

SPDR Portfolio Emerging Markets ETF Stock Down 0.8%

Shares of SPEM opened at $50.45 on Tuesday. The stock has a 50 day moving average price of $48.71 and a 200 day moving average price of $47.20. The company has a market capitalization of $16.85 billion, a price-to-earnings ratio of 15.39 and a beta of 0.56. SPDR Portfolio Emerging Markets ETF has a 52-week low of $34.38 and a 52-week high of $51.05.

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.