Key Financial Inc Trims Stock Position in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM)

Key Financial Inc cut its position in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) by 0.7% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 100,268 shares of the company’s stock after selling 739 shares during the quarter. SPDR Portfolio Emerging Markets ETF comprises 0.9% of Key Financial Inc’s investment portfolio, making the stock its 27th biggest position. Key Financial Inc’s holdings in SPDR Portfolio Emerging Markets ETF were worth $3,847,000 at the end of the most recent reporting period.

Several other large investors have also recently bought and sold shares of SPEM. Archer Investment Corp purchased a new stake in shares of SPDR Portfolio Emerging Markets ETF in the third quarter worth $39,000. Strategic Wealth Investment Group LLC purchased a new stake in shares of SPDR Portfolio Emerging Markets ETF in the 4th quarter valued at about $46,000. Blue Trust Inc. raised its holdings in shares of SPDR Portfolio Emerging Markets ETF by 474.2% in the 4th quarter. Blue Trust Inc. now owns 2,274 shares of the company’s stock valued at $94,000 after acquiring an additional 1,878 shares in the last quarter. McClarren Financial Advisors Inc. boosted its position in shares of SPDR Portfolio Emerging Markets ETF by 12.3% during the 4th quarter. McClarren Financial Advisors Inc. now owns 2,885 shares of the company’s stock valued at $110,000 after acquiring an additional 316 shares during the last quarter. Finally, Fortitude Family Office LLC purchased a new position in shares of SPDR Portfolio Emerging Markets ETF during the fourth quarter worth about $121,000.

SPDR Portfolio Emerging Markets ETF Price Performance

Shares of SPEM opened at $40.01 on Tuesday. SPDR Portfolio Emerging Markets ETF has a 1-year low of $34.98 and a 1-year high of $42.88. The company has a market capitalization of $9.50 billion, a P/E ratio of 13.05 and a beta of 0.81. The firm’s 50 day simple moving average is $38.88 and its 200 day simple moving average is $39.28.

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.