Facet Wealth Inc. decreased its position in shares of SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM – Free Report) by 6.1% in the fourth quarter, HoldingsChannel reports. The fund owned 234,928 shares of the company’s stock after selling 15,219 shares during the quarter. Facet Wealth Inc.’s holdings in SPDR Portfolio Emerging Markets ETF were worth $9,204,000 as of its most recent SEC filing.
A number of other hedge funds and other institutional investors also recently bought and sold shares of SPEM. Compass Planning Associates Inc purchased a new stake in SPDR Portfolio Emerging Markets ETF during the fourth quarter valued at approximately $28,000. Archer Investment Corp purchased a new stake in SPDR Portfolio Emerging Markets ETF during the third quarter valued at approximately $39,000. Strategic Wealth Investment Group LLC purchased a new stake in SPDR Portfolio Emerging Markets ETF during the fourth quarter valued at approximately $46,000. Rialto Wealth Management LLC purchased a new stake in SPDR Portfolio Emerging Markets ETF during the fourth quarter valued at approximately $60,000. Finally, SBI Securities Co. Ltd. purchased a new stake in SPDR Portfolio Emerging Markets ETF during the fourth quarter valued at approximately $64,000.
SPDR Portfolio Emerging Markets ETF Stock Up 1.9 %
NYSEARCA:SPEM opened at $40.08 on Friday. SPDR Portfolio Emerging Markets ETF has a 52 week low of $35.00 and a 52 week high of $42.88. The firm has a 50 day moving average of $39.04 and a 200 day moving average of $39.53. The stock has a market capitalization of $10.60 billion, a price-to-earnings ratio of 14.80 and a beta of 0.67.
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.
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Want to see what other hedge funds are holding SPEM? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM – Free Report).
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