Ehrlich Financial Group Reduces Holdings in SPDR Portfolio Emerging Markets ETF $SPEM

Ehrlich Financial Group lowered its stake in shares of SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) by 26.2% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 70,740 shares of the company’s stock after selling 25,104 shares during the quarter. SPDR Portfolio Emerging Markets ETF comprises approximately 1.9% of Ehrlich Financial Group’s investment portfolio, making the stock its 12th largest holding. Ehrlich Financial Group’s holdings in SPDR Portfolio Emerging Markets ETF were worth $3,663,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently modified their holdings of SPEM. Midwest Capital Advisors LLC raised its stake in SPDR Portfolio Emerging Markets ETF by 33.3% in the 4th quarter. Midwest Capital Advisors LLC now owns 407,988 shares of the company’s stock worth $19,098,000 after acquiring an additional 101,817 shares during the last quarter. Lunt Capital Management Inc. purchased a new stake in SPDR Portfolio Emerging Markets ETF during the 4th quarter valued at about $569,000. Forefront Wealth Partners LLC grew its stake in SPDR Portfolio Emerging Markets ETF by 28.8% during the 4th quarter. Forefront Wealth Partners LLC now owns 52,564 shares of the company’s stock valued at $2,461,000 after purchasing an additional 11,756 shares during the last quarter. Main Management ETF Advisors LLC increased its holdings in shares of SPDR Portfolio Emerging Markets ETF by 9.2% in the fourth quarter. Main Management ETF Advisors LLC now owns 249,130 shares of the company’s stock valued at $11,662,000 after purchasing an additional 20,952 shares during the period. Finally, Atlas Private Wealth Advisors increased its holdings in shares of SPDR Portfolio Emerging Markets ETF by 9.0% in the fourth quarter. Atlas Private Wealth Advisors now owns 217,702 shares of the company’s stock valued at $10,191,000 after purchasing an additional 17,888 shares during the period.

SPDR Portfolio Emerging Markets ETF Stock Up 1.0%

SPDR Portfolio Emerging Markets ETF stock opened at $52.42 on Friday. SPDR Portfolio Emerging Markets ETF has a 52 week low of $43.65 and a 52 week high of $53.54. The company has a market capitalization of $17.74 billion, a price-to-earnings ratio of 15.39 and a beta of 0.60. The stock has a 50-day moving average price of $51.47 and a 200 day moving average price of $50.27.

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.