SPDR Portfolio Emerging Markets ETF $SPEM Shares Sold by Jim Saulnier & Associates LLC

Jim Saulnier & Associates LLC reduced its position in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) by 65.5% in the 2nd quarter, Holdings Channel reports. The firm owned 22,079 shares of the company’s stock after selling 41,986 shares during the period. Jim Saulnier & Associates LLC’s holdings in SPDR Portfolio Emerging Markets ETF were worth $1,143,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also made changes to their positions in the business. First Command Advisory Services Inc. purchased a new stake in shares of SPDR Portfolio Emerging Markets ETF during the 4th quarter worth approximately $26,000. Ascentis Independent Advisors acquired a new stake in shares of SPDR Portfolio Emerging Markets ETF during the 1st quarter worth about $27,000. Safe Harbor Fiduciary LLC acquired a new position in SPDR Portfolio Emerging Markets ETF in the fourth quarter valued at $32,000. Robinswood Financial LLC acquired a new position in SPDR Portfolio Emerging Markets ETF during the first quarter worth approximately $32,000. Finally, Front Row Advisors LLC grew its position in SPDR Portfolio Emerging Markets ETF by 147.9% during the third quarter. Front Row Advisors LLC now owns 771 shares of the company’s stock valued at $36,000 after acquiring an additional 460 shares during the period.

SPDR Portfolio Emerging Markets ETF Price Performance

Shares of NYSEARCA SPEM opened at $53.41 on Friday. The company has a market capitalization of $18.08 billion, a price-to-earnings ratio of 15.39 and a beta of 0.61. The business has a 50-day moving average of $51.66 and a 200-day moving average of $50.66. SPDR Portfolio Emerging Markets ETF has a 1-year low of $44.62 and a 1-year high of $53.54.

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.