Nwam LLC Sells 14,000 Shares of SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM)

Nwam LLC decreased its position in shares of SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) by 68.1% in the 4th quarter, HoldingsChannel reports. The fund owned 6,568 shares of the company’s stock after selling 14,000 shares during the period. Nwam LLC’s holdings in SPDR Portfolio Emerging Markets ETF were worth $252,000 as of its most recent SEC filing.

A number of other institutional investors also recently modified their holdings of the company. Compass Planning Associates Inc bought a new stake in SPDR Portfolio Emerging Markets ETF during the 4th quarter valued at $28,000. Archer Investment Corp acquired a new position in shares of SPDR Portfolio Emerging Markets ETF during the third quarter valued at about $39,000. Strategic Wealth Investment Group LLC acquired a new position in shares of SPDR Portfolio Emerging Markets ETF during the fourth quarter valued at about $46,000. Blue Trust Inc. increased its position in shares of 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 acquiring an additional 1,878 shares in the last quarter. Finally, McClarren Financial Advisors Inc. raised its holdings in shares of SPDR Portfolio Emerging Markets ETF by 12.3% in the 4th quarter. McClarren Financial Advisors Inc. now owns 2,885 shares of the company’s stock worth $110,000 after acquiring an additional 316 shares during the last quarter.

SPDR Portfolio Emerging Markets ETF Stock Performance

SPEM stock opened at $38.86 on Friday. The business has a 50-day simple moving average of $38.87 and a two-hundred day simple moving average of $39.47. The company has a market capitalization of $10.15 billion, a P/E ratio of 14.32 and a beta of 0.66. SPDR Portfolio Emerging Markets ETF has a 52-week low of $35.00 and a 52-week high of $42.88.

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.