SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) Shares Sold by Tilson Financial Group Inc.

Tilson Financial Group Inc. trimmed its holdings in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) by 19.8% during the fourth quarter, Holdings Channel reports. The institutional investor owned 5,981 shares of the company’s stock after selling 1,475 shares during the period. Tilson Financial Group Inc.’s holdings in SPDR Portfolio Emerging Markets ETF were worth $230,000 at the end of the most recent quarter.

Other hedge funds have also recently added to or reduced their stakes in the company. LPL Financial LLC raised its holdings in shares of SPDR Portfolio Emerging Markets ETF by 5.2% in the 3rd quarter. LPL Financial LLC now owns 9,644,278 shares of the company’s stock worth $398,116,000 after purchasing an additional 476,292 shares during the period. Allworth Financial LP raised its holdings in shares of SPDR Portfolio Emerging Markets ETF by 3.0% in the 4th quarter. Allworth Financial LP now owns 6,486,557 shares of the company’s stock worth $250,381,000 after purchasing an additional 189,092 shares during the period. State Street Corp raised its holdings in shares of SPDR Portfolio Emerging Markets ETF by 10.4% in the 3rd quarter. State Street Corp now owns 6,290,419 shares of the company’s stock worth $259,668,000 after purchasing an additional 591,019 shares during the period. Bank of New York Mellon Corp raised its holdings in shares of SPDR Portfolio Emerging Markets ETF by 37.9% in the 4th quarter. Bank of New York Mellon Corp now owns 2,694,747 shares of the company’s stock worth $103,397,000 after purchasing an additional 740,980 shares during the period. Finally, Assetmark Inc. raised its holdings in shares of SPDR Portfolio Emerging Markets ETF by 10.2% in the 3rd quarter. Assetmark Inc. now owns 2,212,515 shares of the company’s stock worth $91,333,000 after purchasing an additional 204,960 shares during the period.

SPDR Portfolio Emerging Markets ETF Price Performance

SPDR Portfolio Emerging Markets ETF stock opened at $39.95 on Friday. The stock’s 50-day moving average is $38.93 and its 200-day moving average is $39.50. The company 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 has a 12 month low of $35.00 and a 12 month 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.