Warner Financial Inc. Sells 837 Shares of SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM)

Warner Financial Inc. cut its stake in shares of SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) by 6.8% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 11,544 shares of the company’s stock after selling 837 shares during the quarter. Warner Financial Inc.’s holdings in SPDR Portfolio Emerging Markets ETF were worth $443,000 at the end of the most recent reporting period.

A number of other hedge funds also recently made changes to their positions in the stock. Stifel Financial Corp boosted its holdings in SPDR Portfolio Emerging Markets ETF by 6.7% in the 3rd 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 period. Second Line Capital LLC boosted its stake in shares of SPDR Portfolio Emerging Markets ETF by 4.5% in the second 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. grew its position in shares of SPDR Portfolio Emerging Markets ETF by 5.1% during the second quarter. SPC Financial Inc. now owns 79,752 shares of the company’s stock worth $3,004,000 after purchasing an additional 3,889 shares in the last quarter. Advisory Resource Group raised its stake in SPDR Portfolio Emerging Markets ETF by 5.4% during the 3rd quarter. Advisory Resource Group now owns 60,213 shares of the company’s stock valued at $2,486,000 after purchasing an additional 3,068 shares during the period. Finally, JPMorgan Chase & Co. lifted its holdings in SPDR Portfolio Emerging Markets ETF by 3.1% in the 3rd quarter. JPMorgan Chase & Co. now owns 637,654 shares of the company’s stock worth $26,322,000 after purchasing an additional 19,370 shares in the last quarter.

SPDR Portfolio Emerging Markets ETF Price Performance

Shares of SPEM opened at $38.30 on Tuesday. The firm has a market cap of $9.09 billion, a P/E ratio of 13.05 and a beta of 0.81. SPDR Portfolio Emerging Markets ETF has a 1 year low of $33.94 and a 1 year high of $42.88. The company has a 50 day simple moving average of $39.01 and a two-hundred day simple moving average of $39.18.

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.