M Holdings Securities Inc. reduced its position in shares of SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM – Free Report) by 36.0% in the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 16,984 shares of the company’s stock after selling 9,551 shares during the quarter. M Holdings Securities Inc.’s holdings in SPDR Portfolio Emerging Markets ETF were worth $701,000 as of its most recent SEC filing.
Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Rothschild Investment LLC bought a new position in shares of SPDR Portfolio Emerging Markets ETF in the second quarter worth approximately $27,000. Lynx Investment Advisory purchased a new stake in SPDR Portfolio Emerging Markets ETF in the 2nd quarter worth $35,000. Archer Investment Corp bought a new stake in SPDR Portfolio Emerging Markets ETF during the third quarter valued at about $39,000. Hershey Financial Advisers LLC purchased a new position in shares of SPDR Portfolio Emerging Markets ETF in the second quarter valued at about $49,000. Finally, Strategic Financial Concepts LLC boosted its stake in shares of SPDR Portfolio Emerging Markets ETF by 649.3% in the second quarter. Strategic Financial Concepts LLC now owns 148,707 shares of the company’s stock worth $56,000 after acquiring an additional 128,861 shares during the period.
SPDR Portfolio Emerging Markets ETF Trading Down 0.1 %
Shares of SPEM opened at $39.29 on Friday. SPDR Portfolio Emerging Markets ETF has a 12-month low of $33.52 and a 12-month high of $42.88. The company has a market capitalization of $9.33 billion, a PE ratio of 13.05 and a beta of 0.81. The business’s 50 day moving average is $40.49 and its 200 day moving average is $38.85.
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.
Further Reading
- Five stocks we like better than SPDR Portfolio Emerging Markets ETF
- 3 Grocery Stocks That Can Help Take a Bite Out of Inflation
- Vertiv’s Cool Tech Makes Its Stock Red-Hot
- Asset Allocation: The Key to a Successful Portfolio. Are You Paying Attention to Yours?
- MarketBeat Week in Review – 11/18 – 11/22
- What to Know About Investing in Penny Stocks
- 2 Finance Stocks With Competitive Advantages You Can’t Ignore
Want to see what other hedge funds are holding SPEM? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM – Free Report).
Receive News & Ratings for SPDR Portfolio Emerging Markets ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for SPDR Portfolio Emerging Markets ETF and related companies with MarketBeat.com's FREE daily email newsletter.
