Baltimore Washington Financial Advisors Inc. Trims Holdings in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM)

Baltimore Washington Financial Advisors Inc. reduced its stake in shares of SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEMFree Report) by 8.1% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 11,358 shares of the company’s stock after selling 999 shares during the quarter. Baltimore Washington Financial Advisors Inc.’s holdings in SPDR Portfolio Emerging Markets ETF were worth $469,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors have also added to or reduced their stakes in the company. Rothschild Investment LLC purchased a new stake in SPDR Portfolio Emerging Markets ETF during the 2nd quarter valued at approximately $27,000. Lynx Investment Advisory purchased a new stake in SPDR Portfolio Emerging Markets ETF during the 2nd quarter valued at approximately $35,000. Archer Investment Corp purchased a new stake in SPDR Portfolio Emerging Markets ETF during the 3rd quarter valued at approximately $39,000. Hershey Financial Advisers LLC purchased a new stake in SPDR Portfolio Emerging Markets ETF during the 2nd quarter valued at approximately $49,000. Finally, American National Bank grew its holdings in SPDR Portfolio Emerging Markets ETF by 132.0% during the 2nd quarter. American National Bank now owns 1,793 shares of the company’s stock valued at $68,000 after buying an additional 1,020 shares in the last quarter.

SPDR Portfolio Emerging Markets ETF Price Performance

Shares of SPEM opened at $39.29 on Friday. SPDR Portfolio Emerging Markets ETF has a 1 year low of $33.52 and a 1 year high of $42.88. The company has a 50 day simple moving average of $40.49 and a two-hundred day simple moving average of $38.85. The firm has a market cap of $9.33 billion, a P/E ratio of 13.05 and a beta of 0.81.

SPDR Portfolio Emerging Markets ETF Profile

(Free Report)

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.

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Institutional Ownership by Quarter for SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM)

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