Vantage Financial Partners LLC Sells 2,023 Shares of SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM)

Vantage Financial Partners LLC decreased its position in shares of SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) by 6.8% during the fourth quarter, according to its most recent filing with the SEC. The firm owned 27,801 shares of the company’s stock after selling 2,023 shares during the period. Vantage Financial Partners LLC’s holdings in SPDR Portfolio Emerging Markets ETF were worth $1,067,000 at the end of the most recent quarter.

Other institutional investors have also recently made changes to their positions in the company. Compass Planning Associates Inc purchased a new stake in SPDR Portfolio Emerging Markets ETF in the fourth quarter worth $28,000. Archer Investment Corp bought a new position in SPDR Portfolio Emerging Markets ETF during the 3rd quarter valued at approximately $39,000. Strategic Wealth Investment Group LLC purchased a new position in SPDR Portfolio Emerging Markets ETF during the fourth quarter valued at $46,000. SBI Securities Co. Ltd. bought a new stake in SPDR Portfolio Emerging Markets ETF in the fourth quarter worth $64,000. Finally, Blue Trust Inc. grew its stake in shares of SPDR Portfolio Emerging Markets ETF by 474.2% in 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 during the last quarter.

SPDR Portfolio Emerging Markets ETF Price Performance

Shares of NYSEARCA:SPEM opened at $38.86 on Wednesday. The business has a fifty day moving average price of $38.87 and a 200-day moving average price of $39.48. The company has a market capitalization of $10.15 billion, a PE ratio of 14.32 and a beta of 0.66. SPDR Portfolio Emerging Markets ETF has a 1-year low of $35.00 and a 1-year 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.