SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) Shares Sold by Larson Financial Group LLC

Larson Financial Group LLC lowered its stake in shares of SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) by 7.1% in the second quarter, Holdings Channel reports. The institutional investor owned 65,804 shares of the company’s stock after selling 5,005 shares during the quarter. Larson Financial Group LLC’s holdings in SPDR Portfolio Emerging Markets ETF were worth $2,479,000 as of its most recent SEC filing.

Several other hedge funds also recently made changes to their positions in the company. Rothschild Investment LLC acquired a new position in SPDR Portfolio Emerging Markets ETF during the 2nd quarter valued at about $27,000. American National Bank boosted its stake in shares of SPDR Portfolio Emerging Markets ETF by 179.0% during the 4th quarter. American National Bank now owns 809 shares of the company’s stock valued at $29,000 after buying an additional 519 shares during the period. Frazier Financial Advisors LLC acquired a new position in SPDR Portfolio Emerging Markets ETF in the fourth quarter worth approximately $32,000. Lynx Investment Advisory bought a new stake in shares of SPDR Portfolio Emerging Markets ETF during the 2nd quarter worth about $35,000. Finally, WASHINGTON TRUST Co bought a new position in SPDR Portfolio Emerging Markets ETF in the 1st quarter worth $44,000.

SPDR Portfolio Emerging Markets ETF Trading Up 0.2 %

NYSEARCA SPEM traded up $0.07 on Wednesday, reaching $38.08. The company’s stock had a trading volume of 450,489 shares, compared to its average volume of 1,565,657. SPDR Portfolio Emerging Markets ETF has a 52 week low of $32.06 and a 52 week high of $39.32. The business has a 50-day moving average price of $38.03 and a 200 day moving average price of $37.23. The firm has a market cap of $9.04 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.