Fiduciary Alliance LLC Sells 12,083 Shares of SPDR Portfolio Emerging Markets ETF $SPEM

Fiduciary Alliance LLC decreased its position in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) by 7.2% during the first quarter, Holdings Channel.com reports. The fund owned 156,181 shares of the company’s stock after selling 12,083 shares during the quarter. Fiduciary Alliance LLC’s holdings in SPDR Portfolio Emerging Markets ETF were worth $7,879,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently modified their holdings of the company. First Command Advisory Services Inc. bought a new stake in shares of SPDR Portfolio Emerging Markets ETF in the fourth quarter worth about $26,000. Safe Harbor Fiduciary LLC bought a new position in SPDR Portfolio Emerging Markets ETF during the 4th quarter valued at approximately $32,000. Front Row Advisors LLC raised its position in SPDR Portfolio Emerging Markets ETF by 147.9% during the 3rd quarter. Front Row Advisors LLC now owns 771 shares of the company’s stock valued at $36,000 after purchasing an additional 460 shares during the last quarter. IFC & Insurance Marketing Inc. bought a new position in SPDR Portfolio Emerging Markets ETF during the 4th quarter valued at approximately $37,000. Finally, Signaturefd LLC purchased a new stake in SPDR Portfolio Emerging Markets ETF in the 4th quarter worth approximately $40,000.

SPDR Portfolio Emerging Markets ETF Stock Performance

Shares of SPEM stock opened at $51.17 on Thursday. The firm has a market cap of $17.54 billion, a P/E ratio of 15.39 and a beta of 0.60. SPDR Portfolio Emerging Markets ETF has a fifty-two week low of $42.24 and a fifty-two week high of $53.54. The business’s 50 day moving average price is $51.67 and its 200-day moving average price is $49.45.

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.