SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) Shares Sold by Broadview Financial Management LLC

Broadview Financial Management LLC reduced its position in shares of SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) by 42.0% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 15,663 shares of the company’s stock after selling 11,340 shares during the period. Broadview Financial Management LLC’s holdings in SPDR Portfolio Emerging Markets ETF were worth $601,000 at the end of the most recent quarter.

Several other hedge funds also recently modified their holdings of SPEM. Raymond James & Associates boosted its stake in shares of SPDR Portfolio Emerging Markets ETF by 8.9% during the 3rd quarter. Raymond James & Associates now owns 258,992 shares of the company’s stock worth $10,691,000 after purchasing an additional 21,119 shares during the last quarter. BayBridge Capital Group LLC boosted its position in shares of SPDR Portfolio Emerging Markets ETF by 1.1% in the third quarter. BayBridge Capital Group LLC now owns 60,910 shares of the company’s stock worth $2,514,000 after acquiring an additional 666 shares during the last quarter. Allworth Financial LP boosted its position in shares of SPDR Portfolio Emerging Markets ETF by 1.1% in the third quarter. Allworth Financial LP now owns 6,297,465 shares of the company’s stock worth $259,959,000 after acquiring an additional 67,205 shares during the last quarter. Outlook Wealth Advisors LLC boosted its position in shares of SPDR Portfolio Emerging Markets ETF by 2.6% in the third quarter. Outlook Wealth Advisors LLC now owns 43,886 shares of the company’s stock worth $1,812,000 after acquiring an additional 1,114 shares during the last quarter. Finally, Modera Wealth Management LLC acquired a new stake in shares of SPDR Portfolio Emerging Markets ETF in the third quarter worth approximately $244,000.

SPDR Portfolio Emerging Markets ETF Stock Performance

SPEM opened at $40.35 on Friday. The company’s 50 day simple moving average is $38.86 and its 200 day simple moving average is $39.34. 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 $9.58 billion, a PE ratio of 13.05 and a beta of 0.81.

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.