FF Advisors LLC Reduces Holdings in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM)

FF Advisors LLC lowered its stake in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) by 8.7% during the fourth quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 42,315 shares of the company’s stock after selling 4,040 shares during the quarter. SPDR Portfolio Emerging Markets ETF makes up about 1.2% of FF Advisors LLC’s holdings, making the stock its 25th biggest position. FF Advisors LLC’s holdings in SPDR Portfolio Emerging Markets ETF were worth $1,700,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. LPL Financial LLC raised its holdings in shares of SPDR Portfolio Emerging Markets ETF by 5.2% in the third quarter. LPL Financial LLC now owns 9,644,278 shares of the company’s stock worth $398,116,000 after acquiring an additional 476,292 shares during the last quarter. Allworth Financial LP increased its position in SPDR Portfolio Emerging Markets ETF by 1.1% during the 3rd quarter. Allworth Financial LP now owns 6,297,465 shares of the company’s stock worth $259,959,000 after purchasing an additional 67,205 shares in the last quarter. State Street Corp raised its stake in SPDR Portfolio Emerging Markets ETF by 10.4% in the 3rd quarter. State Street Corp now owns 6,290,419 shares of the company’s stock valued at $259,668,000 after purchasing an additional 591,019 shares during the last quarter. Assetmark Inc. lifted its holdings in SPDR Portfolio Emerging Markets ETF by 10.2% in the 3rd quarter. Assetmark Inc. now owns 2,212,515 shares of the company’s stock valued at $91,333,000 after purchasing an additional 204,960 shares in the last quarter. Finally, Townsquare Capital LLC boosted its stake in shares of SPDR Portfolio Emerging Markets ETF by 6.5% during the 3rd quarter. Townsquare Capital LLC now owns 2,154,446 shares of the company’s stock worth $88,936,000 after purchasing an additional 132,008 shares during the last quarter.

SPDR Portfolio Emerging Markets ETF Price Performance

NYSEARCA:SPEM opened at $37.93 on Friday. The firm has a market cap of $9.00 billion, a PE ratio of 13.05 and a beta of 0.81. The firm has a 50 day simple moving average of $39.14 and a 200-day simple moving average of $39.16. SPDR Portfolio Emerging Markets ETF has a 1-year low of $33.52 and a 1-year high of $42.88.

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.