Pathstone Holdings LLC Reduces Position in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM)

Pathstone Holdings LLC reduced its position in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) by 0.8% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 802,463 shares of the company’s stock after selling 6,441 shares during the quarter. Pathstone Holdings LLC owned about 0.34% of SPDR Portfolio Emerging Markets ETF worth $33,123,000 at the end of the most recent reporting period.

A number of other institutional investors have also modified their holdings of SPEM. LPL Financial LLC lifted its position in SPDR Portfolio Emerging Markets ETF by 2.4% during the 2nd quarter. LPL Financial LLC now owns 9,167,986 shares of the company’s stock worth $345,358,000 after acquiring an additional 218,418 shares during the period. Allworth Financial LP grew its position in SPDR Portfolio Emerging Markets ETF by 1.1% in the 3rd quarter. Allworth Financial LP now owns 6,297,465 shares of the company’s stock valued at $259,959,000 after buying an additional 67,205 shares during the last quarter. Envestnet Asset Management Inc. increased its stake in SPDR Portfolio Emerging Markets ETF by 6.9% in the 2nd quarter. Envestnet Asset Management Inc. now owns 4,995,049 shares of the company’s stock valued at $188,164,000 after buying an additional 323,995 shares during the period. Jane Street Group LLC raised its position in SPDR Portfolio Emerging Markets ETF by 44.4% during the 1st quarter. Jane Street Group LLC now owns 2,431,196 shares of the company’s stock worth $87,985,000 after buying an additional 747,277 shares during the last quarter. Finally, Bank of New York Mellon Corp lifted its stake in shares of SPDR Portfolio Emerging Markets ETF by 1.4% in the 2nd quarter. Bank of New York Mellon Corp now owns 2,283,140 shares of the company’s stock worth $86,006,000 after acquiring an additional 31,453 shares during the period.

SPDR Portfolio Emerging Markets ETF Stock Up 0.8 %

Shares of NYSEARCA:SPEM opened at $39.34 on Tuesday. The company has a market cap of $9.34 billion, a price-to-earnings ratio of 13.05 and a beta of 0.81. SPDR Portfolio Emerging Markets ETF has a fifty-two week low of $33.52 and a fifty-two week high of $42.88. The firm’s 50-day simple moving average is $40.35 and its 200-day simple moving average is $38.80.

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.