Flagship Private Wealth LLC Sells 1,195 Shares of SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM)

Flagship Private Wealth LLC reduced its position in shares of SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) by 17.8% in the third quarter, HoldingsChannel.com reports. The firm owned 5,507 shares of the company’s stock after selling 1,195 shares during the period. Flagship Private Wealth LLC’s holdings in SPDR Portfolio Emerging Markets ETF were worth $227,000 at the end of the most recent quarter.

Other large investors also recently modified their holdings of the company. Envestnet Asset Management Inc. grew its position in shares of SPDR Portfolio Emerging Markets ETF by 6.9% in the 2nd quarter. Envestnet Asset Management Inc. now owns 4,995,049 shares of the company’s stock worth $188,164,000 after buying an additional 323,995 shares during the last quarter. US Bancorp DE raised its holdings in SPDR Portfolio Emerging Markets ETF by 40.9% in the 1st quarter. US Bancorp DE now owns 13,995 shares of the company’s stock worth $506,000 after purchasing an additional 4,063 shares in the last quarter. Forbes Financial Planning Inc. raised its holdings in SPDR Portfolio Emerging Markets ETF by 104.7% in the 2nd quarter. Forbes Financial Planning Inc. now owns 67,199 shares of the company’s stock worth $2,531,000 after purchasing an additional 34,371 shares in the last quarter. Raymond James & Associates lifted its position in shares of SPDR Portfolio Emerging Markets ETF by 9.1% in the 2nd quarter. Raymond James & Associates now owns 237,873 shares of the company’s stock worth $8,961,000 after purchasing an additional 19,939 shares during the period. Finally, Second Line Capital LLC boosted its stake in shares of SPDR Portfolio Emerging Markets ETF by 4.5% during the 2nd quarter. Second Line Capital LLC now owns 203,959 shares of the company’s stock valued at $7,683,000 after purchasing an additional 8,783 shares in the last quarter.

SPDR Portfolio Emerging Markets ETF Price Performance

Shares of NYSEARCA SPEM opened at $40.98 on Wednesday. SPDR Portfolio Emerging Markets ETF has a 1 year low of $33.48 and a 1 year high of $42.88. The stock has a market capitalization of $9.73 billion, a P/E ratio of 13.05 and a beta of 0.81. The company’s 50-day moving average is $40.06 and its 200 day moving average is $38.60.

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.