Avior Wealth Management LLC Has $7.14 Million Position in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM)

Avior Wealth Management LLC cut its position in shares of SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) by 0.5% during the 4th quarter, Holdings Channel reports. The firm owned 185,959 shares of the company’s stock after selling 951 shares during the quarter. Avior Wealth Management LLC’s holdings in SPDR Portfolio Emerging Markets ETF were worth $7,135,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds also recently modified their holdings of the company. Stifel Financial Corp increased its position in SPDR Portfolio Emerging Markets ETF by 6.7% during the third quarter. Stifel Financial Corp now owns 64,565 shares of the company’s stock worth $2,665,000 after buying an additional 4,049 shares during the last quarter. Second Line Capital LLC boosted its stake in shares of SPDR Portfolio Emerging Markets ETF by 4.5% during the 2nd quarter. Second Line Capital LLC now owns 203,959 shares of the company’s stock worth $7,683,000 after acquiring an additional 8,783 shares during the period. SPC Financial Inc. increased its holdings in shares of SPDR Portfolio Emerging Markets ETF by 5.1% during the 2nd quarter. SPC Financial Inc. now owns 79,752 shares of the company’s stock worth $3,004,000 after acquiring an additional 3,889 shares during the last quarter. Advisory Resource Group raised its stake in SPDR Portfolio Emerging Markets ETF by 5.4% in the 3rd quarter. Advisory Resource Group now owns 60,213 shares of the company’s stock valued at $2,486,000 after acquiring an additional 3,068 shares during the period. Finally, JPMorgan Chase & Co. lifted its holdings in SPDR Portfolio Emerging Markets ETF by 3.1% during the 3rd quarter. JPMorgan Chase & Co. now owns 637,654 shares of the company’s stock valued at $26,322,000 after purchasing an additional 19,370 shares during the last quarter.

SPDR Portfolio Emerging Markets ETF Price Performance

NYSEARCA:SPEM opened at $38.60 on Thursday. The firm’s fifty day moving average price is $39.03 and its two-hundred day moving average price is $39.18. The company has a market cap of $9.16 billion, a P/E ratio of 13.05 and a beta of 0.81. SPDR Portfolio Emerging Markets ETF has a one year low of $33.91 and a one 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.