SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) Shares Sold by Principal Securities Inc.

Principal Securities Inc. reduced its position in shares of SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) by 7.3% during the 4th quarter, HoldingsChannel.com reports. The fund owned 35,495 shares of the company’s stock after selling 2,778 shares during the quarter. Principal Securities Inc.’s holdings in SPDR Portfolio Emerging Markets ETF were worth $1,362,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also recently added to or reduced their stakes in SPEM. Vicus Capital raised its stake in SPDR Portfolio Emerging Markets ETF by 2.6% during the fourth quarter. Vicus Capital now owns 11,981 shares of the company’s stock worth $460,000 after acquiring an additional 299 shares during the period. Occidental Asset Management LLC grew its holdings in shares of SPDR Portfolio Emerging Markets ETF by 0.7% during the fourth quarter. Occidental Asset Management LLC now owns 46,414 shares of the company’s stock valued at $1,781,000 after purchasing an additional 312 shares during the last quarter. McClarren Financial Advisors Inc. raised its position in shares of SPDR Portfolio Emerging Markets ETF by 12.3% during the 4th quarter. McClarren Financial Advisors Inc. now owns 2,885 shares of the company’s stock worth $110,000 after purchasing an additional 316 shares during the period. Iams Wealth Management LLC boosted its position in SPDR Portfolio Emerging Markets ETF by 1.1% during the 4th quarter. Iams Wealth Management LLC now owns 29,858 shares of the company’s stock valued at $1,146,000 after purchasing an additional 330 shares during the period. Finally, Alliance Wealth Advisors LLC UT boosted its position in SPDR Portfolio Emerging Markets ETF by 1.8% during the 4th quarter. Alliance Wealth Advisors LLC UT now owns 18,744 shares of the company’s stock valued at $719,000 after purchasing an additional 330 shares during the period.

SPDR Portfolio Emerging Markets ETF Stock Performance

SPEM stock opened at $40.17 on Wednesday. SPDR Portfolio Emerging Markets ETF has a 1 year low of $35.00 and a 1 year high of $42.88. The stock has a market capitalization of $9.54 billion, a price-to-earnings ratio of 13.05 and a beta of 0.81. The stock’s fifty day moving average is $38.86 and its two-hundred day moving average is $39.30.

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.