Brookstone Capital Management Cuts Stock Holdings in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM)

Brookstone Capital Management reduced its position in shares of SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) by 3.8% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 251,702 shares of the company’s stock after selling 9,932 shares during the period. Brookstone Capital Management owned 0.11% of SPDR Portfolio Emerging Markets ETF worth $9,658,000 at the end of the most recent quarter.

Several other large investors also recently bought and sold shares of SPEM. Archer Investment Corp purchased a new stake in shares of SPDR Portfolio Emerging Markets ETF in the third quarter valued at approximately $39,000. Hershey Financial Advisers LLC purchased a new stake in shares of SPDR Portfolio Emerging Markets ETF in the second quarter valued at approximately $49,000. McClarren Financial Advisors Inc. grew its position in shares of SPDR Portfolio Emerging Markets ETF by 583.2% in the third quarter. McClarren Financial Advisors Inc. now owns 2,569 shares of the company’s stock valued at $106,000 after purchasing an additional 2,193 shares in the last quarter. Fortitude Family Office LLC purchased a new stake in shares of SPDR Portfolio Emerging Markets ETF in the fourth quarter valued at approximately $121,000. Finally, JGP Wealth Management LLC purchased a new stake in shares of SPDR Portfolio Emerging Markets ETF in the third quarter valued at approximately $204,000.

SPDR Portfolio Emerging Markets ETF Stock Performance

SPEM opened at $37.07 on Tuesday. SPDR Portfolio Emerging Markets ETF has a one year low of $33.52 and a one year high of $42.88. The stock has a market capitalization of $8.80 billion, a PE ratio of 13.05 and a beta of 0.81. The business’s 50 day moving average price is $39.33 and its 200 day moving average price is $39.18.

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.