Forvis Mazars Wealth Advisors LLC Has $433,000 Holdings in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM)

Forvis Mazars Wealth Advisors LLC cut its position in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) by 12.2% during the fourth quarter, Holdings Channel.com reports. The institutional investor owned 11,282 shares of the company’s stock after selling 1,566 shares during the quarter. Forvis Mazars Wealth Advisors LLC’s holdings in SPDR Portfolio Emerging Markets ETF were worth $433,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in SPEM. State Street Corp lifted its position in shares of SPDR Portfolio Emerging Markets ETF by 10.4% during the third quarter. State Street Corp now owns 6,290,419 shares of the company’s stock worth $259,668,000 after purchasing an additional 591,019 shares in the last quarter. LPL Financial LLC lifted its position in shares of SPDR Portfolio Emerging Markets ETF by 5.2% during the third quarter. LPL Financial LLC now owns 9,644,278 shares of the company’s stock worth $398,116,000 after purchasing an additional 476,292 shares in the last quarter. Life Planning Partners Inc lifted its position in shares of SPDR Portfolio Emerging Markets ETF by 3,737.0% during the fourth quarter. Life Planning Partners Inc now owns 431,778 shares of the company’s stock worth $16,567,000 after purchasing an additional 420,525 shares in the last quarter. Tidal Investments LLC acquired a new position in shares of SPDR Portfolio Emerging Markets ETF during the third quarter worth approximately $13,246,000. Finally, Onyx Bridge Wealth Group LLC lifted its position in shares of SPDR Portfolio Emerging Markets ETF by 694.6% during the fourth quarter. Onyx Bridge Wealth Group LLC now owns 264,312 shares of the company’s stock worth $10,142,000 after purchasing an additional 231,050 shares in the last quarter.

SPDR Portfolio Emerging Markets ETF Trading Down 1.5 %

Shares of SPEM stock opened at $39.74 on Tuesday. SPDR Portfolio Emerging Markets ETF has a 1 year low of $35.00 and a 1 year high of $42.88. The firm’s 50 day moving average is $38.86 and its 200-day moving average is $39.41. The firm has a market capitalization of $10.38 billion, a price-to-earnings ratio of 14.32 and a beta of 0.66.

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.