JNBA Financial Advisors Decreases Stock Position in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM)

JNBA Financial Advisors lowered its stake in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) by 5.1% in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 1,041,290 shares of the company’s stock after selling 56,370 shares during the quarter. SPDR Portfolio Emerging Markets ETF makes up 4.1% of JNBA Financial Advisors’ investment portfolio, making the stock its 6th largest position. JNBA Financial Advisors owned about 0.44% of SPDR Portfolio Emerging Markets ETF worth $39,954,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors have also added to or reduced their stakes in SPEM. Archer Investment Corp purchased a new position in shares of SPDR Portfolio Emerging Markets ETF during the 3rd quarter valued at $39,000. Strategic Wealth Investment Group LLC purchased a new position in SPDR Portfolio Emerging Markets ETF during the fourth quarter worth about $46,000. Blue Trust Inc. grew its position in SPDR Portfolio Emerging Markets ETF by 474.2% during the fourth quarter. Blue Trust Inc. now owns 2,274 shares of the company’s stock worth $94,000 after buying an additional 1,878 shares in the last quarter. McClarren Financial Advisors Inc. increased its stake in SPDR Portfolio Emerging Markets ETF by 583.2% in the 3rd quarter. McClarren Financial Advisors Inc. now owns 2,569 shares of the company’s stock worth $106,000 after acquiring an additional 2,193 shares during the last quarter. Finally, Fortitude Family Office LLC purchased a new stake in shares of SPDR Portfolio Emerging Markets ETF in the 4th quarter valued at about $121,000.

SPDR Portfolio Emerging Markets ETF Trading Up 0.6 %

Shares of NYSEARCA SPEM opened at $40.01 on Friday. The business has a 50-day moving average of $38.88 and a 200-day moving average of $39.27. The firm has a market capitalization of $9.50 billion, a price-to-earnings ratio of 13.05 and a beta of 0.81. SPDR Portfolio Emerging Markets ETF has a 12 month low of $34.98 and a 12 month high of $42.88.

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.