Integrated Wealth Concepts LLC Cuts Position in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM)

Integrated Wealth Concepts LLC trimmed its position in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) by 17.2% during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 131,899 shares of the company’s stock after selling 27,448 shares during the quarter. Integrated Wealth Concepts LLC owned 0.06% of SPDR Portfolio Emerging Markets ETF worth $5,445,000 at the end of the most recent quarter.

A number of other large investors also recently modified their holdings of the company. United Asset Strategies Inc. raised its holdings in shares of SPDR Portfolio Emerging Markets ETF by 4.1% in the 2nd quarter. United Asset Strategies Inc. now owns 7,507 shares of the company’s stock worth $283,000 after purchasing an additional 298 shares during the period. Epic Trust Investment Advisors LLC raised its holdings in shares of SPDR Portfolio Emerging Markets ETF by 3.4% in the 2nd quarter. Epic Trust Investment Advisors LLC now owns 9,367 shares of the company’s stock worth $353,000 after purchasing an additional 304 shares during the period. Beacon Bridge Wealth Partners LLC raised its holdings in shares of SPDR Portfolio Emerging Markets ETF by 0.9% in the 2nd quarter. Beacon Bridge Wealth Partners LLC now owns 36,566 shares of the company’s stock worth $1,377,000 after purchasing an additional 313 shares during the period. Hofer & Associates. Inc raised its holdings in shares of SPDR Portfolio Emerging Markets ETF by 1.2% in the 3rd quarter. Hofer & Associates. Inc now owns 27,976 shares of the company’s stock worth $1,155,000 after purchasing an additional 332 shares during the period. Finally, FSB Premier Wealth Management Inc. raised its holdings in shares of SPDR Portfolio Emerging Markets ETF by 0.6% during the 2nd quarter. FSB Premier Wealth Management Inc. now owns 56,917 shares of the company’s stock valued at $2,144,000 after buying an additional 349 shares during the period.

SPDR Portfolio Emerging Markets ETF Stock Performance

Shares of NYSEARCA:SPEM opened at $39.86 on Thursday. The company has a market cap of $9.46 billion, a P/E ratio of 13.05 and a beta of 0.81. SPDR Portfolio Emerging Markets ETF has a one year low of $33.52 and a one year high of $42.88. The business’s 50-day simple moving average is $40.52 and its 200 day simple moving average is $38.94.

About SPDR Portfolio Emerging Markets ETF

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.