Clear Rock Advisors LLC Lowers Holdings in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM)

Clear Rock Advisors LLC trimmed its holdings in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) by 5.3% during the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 13,643 shares of the company’s stock after selling 767 shares during the period. Clear Rock Advisors LLC’s holdings in SPDR Portfolio Emerging Markets ETF were worth $494,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds also recently made changes to their positions in the company. American National Bank lifted its position in shares of SPDR Portfolio Emerging Markets ETF by 179.0% in the fourth quarter. American National Bank now owns 809 shares of the company’s stock worth $29,000 after buying an additional 519 shares in the last quarter. Frazier Financial Advisors LLC bought a new stake in SPDR Portfolio Emerging Markets ETF during the fourth quarter worth approximately $32,000. WASHINGTON TRUST Co bought a new stake in SPDR Portfolio Emerging Markets ETF during the first quarter worth approximately $44,000. Tsfg LLC bought a new stake in SPDR Portfolio Emerging Markets ETF during the fourth quarter worth approximately $70,000. Finally, Valley National Advisers Inc. increased its stake in SPDR Portfolio Emerging Markets ETF by 15.5% during the fourth quarter. Valley National Advisers Inc. now owns 2,512 shares of the company’s stock worth $88,000 after acquiring an additional 338 shares during the last quarter.

SPDR Portfolio Emerging Markets ETF Stock Down 1.2 %

NYSEARCA SPEM traded down $0.46 during trading hours on Friday, hitting $37.03. 2,119,552 shares of the company were exchanged, compared to its average volume of 1,624,306. The stock has a market cap of $8.79 billion, a PE ratio of 13.05 and a beta of 0.81. The stock has a 50-day moving average price of $37.95 and a 200 day moving average price of $36.67. SPDR Portfolio Emerging Markets ETF has a 52 week low of $32.06 and a 52 week high of $39.32.

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.