Lido Advisors LLC Reduces Holdings in SPDR Portfolio Emerging Markets ETF $SPEM

Lido Advisors LLC lowered its position in shares of SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) by 72.7% during the first quarter, Holdings Channel reports. The firm owned 14,082 shares of the company’s stock after selling 37,449 shares during the quarter. Lido Advisors LLC’s holdings in SPDR Portfolio Emerging Markets ETF were worth $661,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also made changes to their positions in the company. Paces Ferry Wealth Advisors LLC boosted its position in shares of SPDR Portfolio Emerging Markets ETF by 4.1% in the 4th quarter. Paces Ferry Wealth Advisors LLC now owns 5,051 shares of the company’s stock valued at $236,000 after purchasing an additional 200 shares during the period. Trinity Wealth Management LLC increased its position in SPDR Portfolio Emerging Markets ETF by 0.9% during 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 period. Kelman Lazarov Inc. lifted its stake in SPDR Portfolio Emerging Markets ETF by 3.3% in the first quarter. Kelman Lazarov Inc. now owns 6,272 shares of the company’s stock valued at $294,000 after buying an additional 203 shares during the last quarter. Mascagni Wealth Management Inc. boosted 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 valued at $211,000 after acquiring an additional 207 shares during the period. Finally, River Street Advisors LLC boosted its holdings in shares of SPDR Portfolio Emerging Markets ETF by 1.8% in the fourth quarter. River Street Advisors LLC now owns 12,122 shares of the company’s stock valued at $567,000 after acquiring an additional 209 shares during the period.

SPDR Portfolio Emerging Markets ETF Trading Down 1.4%

Shares of SPEM opened at $49.40 on Thursday. The company’s 50 day simple moving average is $51.53 and its 200-day simple moving average is $50.14. The firm has a market cap of $16.72 billion, a PE ratio of 15.39 and a beta of 0.60. SPDR Portfolio Emerging Markets ETF has a 12-month low of $42.66 and a 12-month high of $53.54.

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.