Vertex Planning Partners LLC Cuts Stock Holdings in SPDR Portfolio Emerging Markets ETF $SPEM

Vertex Planning Partners LLC trimmed its stake in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) by 15.2% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 83,064 shares of the company’s stock after selling 14,876 shares during the period. Vertex Planning Partners LLC’s holdings in SPDR Portfolio Emerging Markets ETF were worth $3,888,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also bought and sold shares of SPEM. CWM LLC lifted its holdings in shares of SPDR Portfolio Emerging Markets ETF by 3.3% during the 3rd quarter. CWM LLC now owns 2,263,731 shares of the company’s stock worth $105,965,000 after acquiring an additional 73,219 shares during the last quarter. BlueStem Wealth Partners LLC increased its stake in SPDR Portfolio Emerging Markets ETF by 6.7% in the third quarter. BlueStem Wealth Partners LLC now owns 1,049,706 shares of the company’s stock valued at $49,137,000 after acquiring an additional 65,492 shares during the last quarter. Farther Finance Advisors LLC increased its stake in SPDR Portfolio Emerging Markets ETF by 45.5% in the third quarter. Farther Finance Advisors LLC now owns 58,564 shares of the company’s stock valued at $2,741,000 after acquiring an additional 18,303 shares during the last quarter. Cerity Partners LLC raised its position in SPDR Portfolio Emerging Markets ETF by 0.7% during the third quarter. Cerity Partners LLC now owns 2,688,945 shares of the company’s stock valued at $125,869,000 after purchasing an additional 18,041 shares in the last quarter. Finally, Forefront Wealth Partners LLC bought a new stake in SPDR Portfolio Emerging Markets ETF during the third quarter worth about $1,910,000.

SPDR Portfolio Emerging Markets ETF Trading Up 0.4%

SPEM opened at $47.96 on Wednesday. The stock has a 50-day moving average price of $49.27 and a 200-day moving average price of $47.68. SPDR Portfolio Emerging Markets ETF has a 12-month low of $34.38 and a 12-month high of $51.35. The stock has a market capitalization of $16.02 billion, a P/E ratio of 15.39 and a beta of 0.56.

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.