Portside Wealth Group LLC Cuts Holdings in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM)

Portside Wealth Group LLC cut its holdings in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) by 1.5% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 97,929 shares of the company’s stock after selling 1,518 shares during the quarter. Portside Wealth Group LLC’s holdings in SPDR Portfolio Emerging Markets ETF were worth $4,043,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently bought and sold shares of SPEM. Stifel Financial Corp lifted its holdings in shares of SPDR Portfolio Emerging Markets ETF by 6.7% in the third quarter. Stifel Financial Corp now owns 64,565 shares of the company’s stock valued at $2,665,000 after purchasing an additional 4,049 shares in the last quarter. Second Line Capital LLC raised its stake in 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 purchasing an additional 8,783 shares during the last quarter. SPC Financial Inc. lifted its holdings in SPDR Portfolio Emerging Markets ETF by 5.1% in the 2nd quarter. SPC Financial Inc. now owns 79,752 shares of the company’s stock valued at $3,004,000 after purchasing an additional 3,889 shares in the last quarter. Advisory Resource Group boosted its position in SPDR Portfolio Emerging Markets ETF by 5.4% during the third quarter. Advisory Resource Group now owns 60,213 shares of the company’s stock worth $2,486,000 after acquiring an additional 3,068 shares during the last quarter. Finally, JPMorgan Chase & Co. grew its stake in SPDR Portfolio Emerging Markets ETF by 3.1% in the 3rd quarter. JPMorgan Chase & Co. now owns 637,654 shares of the company’s stock worth $26,322,000 after acquiring an additional 19,370 shares during the period.

SPDR Portfolio Emerging Markets ETF Price Performance

Shares of SPEM stock opened at $38.26 on Friday. The firm’s 50-day simple moving average is $39.09 and its 200-day simple moving average is $39.17. SPDR Portfolio Emerging Markets ETF has a 1-year low of $33.72 and a 1-year high of $42.88. The firm has a market cap of $9.08 billion, a P/E ratio of 13.05 and a beta of 0.81.

About SPDR Portfolio Emerging Markets ETF

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.