Simplicity Wealth LLC Sells 19,565 Shares of SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM)

Simplicity Wealth LLC decreased its holdings in shares of SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) by 35.2% in the fourth quarter, Holdings Channel.com reports. The firm owned 36,095 shares of the company’s stock after selling 19,565 shares during the period. Simplicity Wealth LLC’s holdings in SPDR Portfolio Emerging Markets ETF were worth $1,385,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also made changes to their positions in the company. Blue Trust Inc. grew its holdings 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 valued at $94,000 after buying an additional 1,878 shares during the last quarter. Stifel Financial Corp grew its holdings in shares of SPDR Portfolio Emerging Markets ETF by 6.7% during the third quarter. Stifel Financial Corp now owns 64,565 shares of the company’s stock valued at $2,665,000 after buying an additional 4,049 shares during the last quarter. Forbes J M & Co. LLP grew its holdings in shares of SPDR Portfolio Emerging Markets ETF by 0.7% during the fourth quarter. Forbes J M & Co. LLP now owns 265,153 shares of the company’s stock valued at $10,174,000 after buying an additional 1,728 shares during the last quarter. Advisory Resource Group grew its holdings in shares of SPDR Portfolio Emerging Markets ETF by 5.4% during the third quarter. Advisory Resource Group now owns 60,213 shares of the company’s stock valued at $2,486,000 after buying an additional 3,068 shares during the last quarter. Finally, JPMorgan Chase & Co. grew its holdings in shares of SPDR Portfolio Emerging Markets ETF by 3.1% during the third quarter. JPMorgan Chase & Co. now owns 637,654 shares of the company’s stock valued at $26,322,000 after buying an additional 19,370 shares during the last quarter.

SPDR Portfolio Emerging Markets ETF Stock Up 0.3 %

NYSEARCA:SPEM opened at $39.95 on Monday. The company’s 50 day moving average price is $38.93 and its 200-day moving average price is $39.51. SPDR Portfolio Emerging Markets ETF has a 52 week low of $35.00 and a 52 week high of $42.88. The stock has a market cap of $10.43 billion, a price-to-earnings 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.