SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) Shares Sold by Pallas Capital Advisors LLC

Pallas Capital Advisors LLC lowered its position in shares of SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) by 6.4% during the third quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 24,189 shares of the company’s stock after selling 1,660 shares during the period. Pallas Capital Advisors LLC’s holdings in SPDR Portfolio Emerging Markets ETF were worth $982,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Envestnet Asset Management Inc. grew its stake in SPDR Portfolio Emerging Markets ETF by 6.9% during 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 boosted its holdings in shares of SPDR Portfolio Emerging Markets ETF by 40.9% in the first quarter. US Bancorp DE now owns 13,995 shares of the company’s stock valued at $506,000 after acquiring an additional 4,063 shares during the period. Forbes Financial Planning Inc. grew its position in shares of SPDR Portfolio Emerging Markets ETF by 104.7% during the second quarter. Forbes Financial Planning Inc. now owns 67,199 shares of the company’s stock worth $2,531,000 after acquiring an additional 34,371 shares during the last quarter. Raymond James & Associates increased its holdings 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 valued at $8,961,000 after acquiring an additional 19,939 shares during the period. Finally, Second Line Capital LLC increased its holdings in shares of SPDR Portfolio Emerging Markets ETF by 4.5% in the 2nd quarter. Second Line Capital LLC now owns 203,959 shares of the company’s stock valued at $7,683,000 after acquiring an additional 8,783 shares during the period.

SPDR Portfolio Emerging Markets ETF Price Performance

Shares of NYSEARCA:SPEM opened at $40.58 on Wednesday. SPDR Portfolio Emerging Markets ETF has a 1-year low of $32.23 and a 1-year high of $42.88. The stock has a market cap of $9.63 billion, a P/E ratio of 13.05 and a beta of 0.81. The firm has a fifty day moving average price of $39.88 and a 200 day moving average price of $38.42.

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.