Values Added Financial LLC Trims Stock Position in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM)

Values Added Financial LLC decreased its holdings in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) by 0.5% during the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 167,622 shares of the company’s stock after selling 910 shares during the quarter. SPDR Portfolio Emerging Markets ETF makes up 3.7% of Values Added Financial LLC’s investment portfolio, making the stock its 6th biggest holding. Values Added Financial LLC owned approximately 0.06% of SPDR Portfolio Emerging Markets ETF worth $6,599,000 as of its most recent SEC filing.

Several other institutional investors also recently modified their holdings of SPEM. Brooklyn FI LLC grew its stake in shares of SPDR Portfolio Emerging Markets ETF by 6,305.1% in the fourth quarter. Brooklyn FI LLC now owns 6,194,793 shares of the company’s stock worth $249,018,000 after purchasing an additional 6,098,077 shares during the last quarter. Raymond James Financial Inc. bought a new stake in shares of SPDR Portfolio Emerging Markets ETF in the fourth quarter worth $76,342,000. Bank of America Corp DE grew its stake in shares of SPDR Portfolio Emerging Markets ETF by 33.5% in the fourth quarter. Bank of America Corp DE now owns 2,956,916 shares of the company’s stock worth $113,457,000 after purchasing an additional 742,179 shares during the last quarter. Envestnet Asset Management Inc. grew its stake in shares of SPDR Portfolio Emerging Markets ETF by 12.0% in the fourth quarter. Envestnet Asset Management Inc. now owns 5,899,908 shares of the company’s stock worth $226,379,000 after purchasing an additional 634,469 shares during the last quarter. Finally, Wealthfront Advisers LLC bought a new stake in shares of SPDR Portfolio Emerging Markets ETF in the fourth quarter worth $19,872,000.

SPDR Portfolio Emerging Markets ETF Stock Up 0.4%

SPEM stock opened at $43.00 on Thursday. The firm has a market cap of $11.59 billion, a price-to-earnings ratio of 14.82 and a beta of 0.68. SPDR Portfolio Emerging Markets ETF has a 12-month low of $34.38 and a 12-month high of $43.06. The company’s fifty day simple moving average is $41.40 and its 200 day simple moving average is $39.70.

SPDR Portfolio Emerging Markets ETF Profile

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.