Bristlecone Advisors LLC Sells 6,075 Shares of SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM)

Bristlecone Advisors LLC cut its stake in shares of SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) by 5.8% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 99,034 shares of the company’s stock after selling 6,075 shares during the quarter. Bristlecone Advisors LLC’s holdings in SPDR Portfolio Emerging Markets ETF were worth $4,088,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also bought and sold shares of SPEM. LPL Financial LLC lifted its holdings in shares of SPDR Portfolio Emerging Markets ETF by 2.4% during the 2nd quarter. LPL Financial LLC now owns 9,167,986 shares of the company’s stock worth $345,358,000 after acquiring an additional 218,418 shares during the last quarter. Allworth Financial LP lifted its stake in SPDR Portfolio Emerging Markets ETF by 1.1% during the third quarter. Allworth Financial LP now owns 6,297,465 shares of the company’s stock worth $259,959,000 after purchasing an additional 67,205 shares during the last quarter. TIAA Trust National Association boosted its holdings in shares of SPDR Portfolio Emerging Markets ETF by 6.1% in the 1st quarter. TIAA Trust National Association now owns 5,419,849 shares of the company’s stock worth $196,144,000 after purchasing an additional 312,818 shares in the last quarter. Envestnet Asset Management Inc. increased its position in shares of SPDR Portfolio Emerging Markets ETF by 6.9% during the 2nd quarter. Envestnet Asset Management Inc. now owns 4,995,049 shares of the company’s stock valued at $188,164,000 after purchasing an additional 323,995 shares during the last quarter. Finally, Jane Street Group LLC raised its holdings in shares of SPDR Portfolio Emerging Markets ETF by 44.4% during the 1st quarter. Jane Street Group LLC now owns 2,431,196 shares of the company’s stock valued at $87,985,000 after buying an additional 747,277 shares in the last quarter.

SPDR Portfolio Emerging Markets ETF Price Performance

Shares of NYSEARCA SPEM opened at $40.60 on Friday. The stock has a market capitalization of $9.64 billion, a P/E ratio of 13.05 and a beta of 0.81. SPDR Portfolio Emerging Markets ETF has a one year low of $32.16 and a one year high of $42.88. The firm’s 50 day simple moving average is $39.80 and its two-hundred day simple moving average is $38.35.

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.