SPDR Portfolio Emerging Markets ETF $SPEM Shares Sold by KFG Wealth Management LLC

KFG Wealth Management LLC reduced its stake in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) by 48.5% in the 1st quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 289,743 shares of the company’s stock after selling 272,840 shares during the quarter. SPDR Portfolio Emerging Markets ETF comprises about 1.8% of KFG Wealth Management LLC’s portfolio, making the stock its 14th largest holding. KFG Wealth Management LLC owned about 0.08% of SPDR Portfolio Emerging Markets ETF worth $13,592,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors also recently bought and sold shares of the company. Paces Ferry Wealth Advisors LLC grew its position in SPDR Portfolio Emerging Markets ETF by 4.1% during the 4th quarter. Paces Ferry Wealth Advisors LLC now owns 5,051 shares of the company’s stock worth $236,000 after purchasing an additional 200 shares during the last quarter. Trinity Wealth Management LLC raised its holdings in shares of SPDR Portfolio Emerging Markets ETF by 0.9% in the first quarter. Trinity Wealth Management LLC now owns 21,496 shares of the company’s stock worth $1,008,000 after buying an additional 201 shares during the last quarter. Mascagni Wealth Management Inc. raised its holdings in shares of SPDR Portfolio Emerging Markets ETF by 4.8% in the fourth quarter. Mascagni Wealth Management Inc. now owns 4,499 shares of the company’s stock worth $211,000 after buying an additional 207 shares during the last quarter. River Street Advisors LLC lifted its stake in shares of SPDR Portfolio Emerging Markets ETF by 1.8% during the fourth quarter. River Street Advisors LLC now owns 12,122 shares of the company’s stock worth $567,000 after buying an additional 209 shares during the period. Finally, Kraft Davis & Associates LLC lifted its stake in shares of SPDR Portfolio Emerging Markets ETF by 4.5% during the fourth quarter. Kraft Davis & Associates LLC now owns 4,934 shares of the company’s stock worth $240,000 after buying an additional 213 shares during the period.

SPDR Portfolio Emerging Markets ETF Price Performance

Shares of SPEM opened at $51.17 on Thursday. The company’s fifty day moving average price is $51.67 and its 200-day moving average price is $49.45. SPDR Portfolio Emerging Markets ETF has a 1-year low of $42.24 and a 1-year high of $53.54. The firm has a market capitalization of $17.54 billion, a PE ratio of 15.39 and a beta of 0.60.

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.