Hilltop Partners LLC Sells 18,755 Shares of SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM)

Hilltop Partners LLC lessened its holdings in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) by 48.6% during the fourth quarter, HoldingsChannel.com reports. The fund owned 19,874 shares of the company’s stock after selling 18,755 shares during the period. Hilltop Partners LLC’s holdings in SPDR Portfolio Emerging Markets ETF were worth $763,000 at the end of the most recent reporting period.

Several other institutional investors have also recently bought and sold shares of the business. Fidelis Capital Partners LLC acquired a new position in SPDR Portfolio Emerging Markets ETF during the 3rd quarter worth approximately $317,000. First Trust Direct Indexing L.P. grew its stake in shares of SPDR Portfolio Emerging Markets ETF by 24.5% during the third quarter. First Trust Direct Indexing L.P. now owns 10,879 shares of the company’s stock worth $449,000 after buying an additional 2,142 shares during the last quarter. Diversify Wealth Management LLC grew its stake in shares of SPDR Portfolio Emerging Markets ETF by 16.4% during the third quarter. Diversify Wealth Management LLC now owns 27,137 shares of the company’s stock worth $1,104,000 after buying an additional 3,818 shares during the last quarter. Strategic Financial Planning Inc. increased its holdings in shares of SPDR Portfolio Emerging Markets ETF by 9.7% during the third quarter. Strategic Financial Planning Inc. now owns 43,495 shares of the company’s stock worth $1,795,000 after buying an additional 3,838 shares in the last quarter. Finally, Financial Advocates Investment Management lifted its stake in shares of SPDR Portfolio Emerging Markets ETF by 7.5% in the 3rd quarter. Financial Advocates Investment Management now owns 71,225 shares of the company’s stock valued at $2,945,000 after acquiring an additional 4,972 shares during the last quarter.

SPDR Portfolio Emerging Markets ETF Stock Down 1.7 %

Shares of SPEM stock opened at $39.37 on Friday. SPDR Portfolio Emerging Markets ETF has a twelve month low of $35.00 and a twelve month high of $42.88. The stock’s fifty day simple moving average is $38.88 and its 200 day simple moving average is $39.45. The firm has a market capitalization of $10.28 billion, a P/E ratio of 14.32 and a beta of 0.66.

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.