SPDR Portfolio Emerging Markets ETF $SPEM Shares Sold by CGN Advisors LLC

CGN Advisors LLC lowered its position in shares of SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) by 2.2% in the 2nd quarter, Holdings Channel reports. The fund owned 572,818 shares of the company’s stock after selling 13,123 shares during the period. SPDR Portfolio Emerging Markets ETF comprises 2.2% of CGN Advisors LLC’s investment portfolio, making the stock its 10th biggest holding. CGN Advisors LLC’s holdings in SPDR Portfolio Emerging Markets ETF were worth $29,661,000 at the end of the most recent quarter.

Other large investors have also modified their holdings of the company. Midwest Capital Advisors LLC grew its position in SPDR Portfolio Emerging Markets ETF by 33.3% in the 4th quarter. Midwest Capital Advisors LLC now owns 407,988 shares of the company’s stock worth $19,098,000 after purchasing an additional 101,817 shares during the last quarter. Brooklyn FI LLC increased its stake 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 during the period. Lunt Capital Management Inc. bought a new stake in shares of SPDR Portfolio Emerging Markets ETF during the fourth quarter valued at approximately $569,000. McNamara Financial Services Inc. raised its holdings in shares of SPDR Portfolio Emerging Markets ETF by 1.6% during the fourth quarter. McNamara Financial Services Inc. now owns 869,793 shares of the company’s stock valued at $40,715,000 after buying an additional 13,566 shares during the last quarter. Finally, Forefront Wealth Partners LLC boosted its position in shares of SPDR Portfolio Emerging Markets ETF by 28.8% during the fourth quarter. Forefront Wealth Partners LLC now owns 52,564 shares of the company’s stock worth $2,461,000 after buying an additional 11,756 shares during the period.

SPDR Portfolio Emerging Markets ETF Price Performance

Shares of SPEM stock opened at $52.02 on Wednesday. SPDR Portfolio Emerging Markets ETF has a 12-month low of $43.22 and a 12-month high of $53.54. The firm has a market capitalization of $17.61 billion, a price-to-earnings ratio of 15.39 and a beta of 0.60. The business has a 50 day simple moving average of $51.50 and a 200 day simple moving average of $50.21.

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.