Hilltop Wealth Advisors LLC Sells 916 Shares of SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM)

Hilltop Wealth Advisors LLC reduced its stake in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) by 5.3% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 16,285 shares of the company’s stock after selling 916 shares during the quarter. Hilltop Wealth Advisors LLC’s holdings in SPDR Portfolio Emerging Markets ETF were worth $625,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors also recently made changes to their positions in SPEM. LPL Financial LLC raised its stake in SPDR Portfolio Emerging Markets ETF by 5.2% during the third quarter. LPL Financial LLC now owns 9,644,278 shares of the company’s stock valued at $398,116,000 after buying an additional 476,292 shares during the last quarter. Allworth Financial LP grew its position in SPDR Portfolio Emerging Markets ETF by 1.1% during the 3rd quarter. Allworth Financial LP now owns 6,297,465 shares of the company’s stock valued at $259,959,000 after purchasing an additional 67,205 shares during the last quarter. State Street Corp increased its stake in SPDR Portfolio Emerging Markets ETF by 10.4% during the 3rd quarter. State Street Corp now owns 6,290,419 shares of the company’s stock valued at $259,668,000 after purchasing an additional 591,019 shares in the last quarter. Envestnet Asset Management Inc. raised its holdings in SPDR Portfolio Emerging Markets ETF by 6.9% in the second 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. Finally, Assetmark Inc. raised its holdings in SPDR Portfolio Emerging Markets ETF by 10.2% in the third quarter. Assetmark Inc. now owns 2,212,515 shares of the company’s stock worth $91,333,000 after buying an additional 204,960 shares during the last quarter.

SPDR Portfolio Emerging Markets ETF Stock Performance

Shares of NYSEARCA:SPEM traded down $0.27 during trading on Wednesday, reaching $38.01. 435,805 shares of the stock traded hands, compared to its average volume of 1,803,799. The stock has a market cap of $9.02 billion, a P/E ratio of 13.05 and a beta of 0.81. The stock has a 50-day moving average of $39.54 and a two-hundred day moving average of $39.18. SPDR Portfolio Emerging Markets ETF has a 52-week low of $33.52 and a 52-week high of $42.88.

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.