Prospera Private Wealth LLC Sells 6,291 Shares of SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM)

Prospera Private Wealth LLC lessened its stake in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) by 52.4% in the third quarter, HoldingsChannel reports. The fund owned 5,720 shares of the company’s stock after selling 6,291 shares during the period. Prospera Private Wealth LLC’s holdings in SPDR Portfolio Emerging Markets ETF were worth $236,000 at the end of the most recent quarter.

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

SPDR Portfolio Emerging Markets ETF Price Performance

Shares of NYSEARCA:SPEM opened at $39.46 on Thursday. SPDR Portfolio Emerging Markets ETF has a 1 year low of $33.52 and a 1 year high of $42.88. The stock’s 50-day moving average is $40.42 and its 200 day moving average is $38.83. The company has a market cap of $9.37 billion, a PE ratio of 13.05 and a beta of 0.81.

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.