Kelly Financial Services LLC Sells 4,837 Shares of SPDR Portfolio Emerging Markets ETF $SPEM

Kelly Financial Services LLC trimmed its position in shares of SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) by 39.0% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 7,575 shares of the company’s stock after selling 4,837 shares during the quarter. Kelly Financial Services LLC’s holdings in SPDR Portfolio Emerging Markets ETF were worth $324,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Knuff & Co LLC acquired a new stake in SPDR Portfolio Emerging Markets ETF during the 1st quarter worth approximately $29,000. Brooklyn Investment Group acquired a new position in SPDR Portfolio Emerging Markets ETF in the 1st quarter valued at approximately $32,000. Webster Bank N. A. bought a new position in shares of SPDR Portfolio Emerging Markets ETF during the second quarter valued at $40,000. Wayfinding Financial LLC acquired a new position in shares of SPDR Portfolio Emerging Markets ETF during the first quarter worth $36,000. Finally, Tsfg LLC lifted its holdings in shares of SPDR Portfolio Emerging Markets ETF by 267.4% during the first quarter. Tsfg LLC now owns 992 shares of the company’s stock worth $39,000 after purchasing an additional 722 shares during the period.

SPDR Portfolio Emerging Markets ETF Stock Down 0.3%

Shares of SPDR Portfolio Emerging Markets ETF stock opened at $46.26 on Monday. The stock has a market cap of $13.46 billion, a price-to-earnings ratio of 15.39 and a beta of 0.68. SPDR Portfolio Emerging Markets ETF has a twelve month low of $34.38 and a twelve month high of $47.21. The company’s fifty day moving average is $44.74 and its 200 day moving average is $42.06.

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.