MJT & Associates Financial Advisory Group Inc. Decreases Stock Position in SPDR Portfolio Emerging Markets ETF $SPEM

MJT & Associates Financial Advisory Group Inc. cut its holdings in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) by 7.4% in the second quarter, HoldingsChannel reports. The institutional investor owned 10,672 shares of the company’s stock after selling 848 shares during the quarter. SPDR Portfolio Emerging Markets ETF makes up about 0.6% of MJT & Associates Financial Advisory Group Inc.’s holdings, making the stock its 23rd largest holding. MJT & Associates Financial Advisory Group Inc.’s holdings in SPDR Portfolio Emerging Markets ETF were worth $456,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in SPEM. Brighton Jones LLC purchased a new stake in SPDR Portfolio Emerging Markets ETF in the fourth quarter valued at about $289,000. NBC Securities Inc. raised its stake in SPDR Portfolio Emerging Markets ETF by 201,700.0% in the first quarter. NBC Securities Inc. now owns 2,018 shares of the company’s stock valued at $79,000 after buying an additional 2,017 shares during the last quarter. Affiance Financial LLC raised its stake in SPDR Portfolio Emerging Markets ETF by 3.6% in the first quarter. Affiance Financial LLC now owns 161,569 shares of the company’s stock valued at $6,361,000 after buying an additional 5,582 shares during the last quarter. ST Germain D J Co. Inc. raised its stake in SPDR Portfolio Emerging Markets ETF by 2.4% in the first quarter. ST Germain D J Co. Inc. now owns 581,990 shares of the company’s stock valued at $22,913,000 after buying an additional 13,723 shares during the last quarter. Finally, HBW Advisory Services LLC raised its stake in SPDR Portfolio Emerging Markets ETF by 1.7% in the first quarter. HBW Advisory Services LLC now owns 69,536 shares of the company’s stock valued at $2,738,000 after buying an additional 1,174 shares during the last quarter.

SPDR Portfolio Emerging Markets ETF Stock Performance

SPDR Portfolio Emerging Markets ETF stock opened at $46.81 on Wednesday. The stock has a 50-day moving average of $44.86 and a two-hundred day moving average of $42.14. SPDR Portfolio Emerging Markets ETF has a one year low of $34.38 and a one year high of $47.21. The stock has a market cap of $13.62 billion, a PE ratio of 15.39 and a beta of 0.68.

SPDR Portfolio Emerging Markets ETF Company 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.