SPDR Portfolio Emerging Markets ETF $SPEM Shares Sold by Aire Advisors LLC

Aire Advisors LLC lowered its position in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) by 3.5% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 20,643 shares of the company’s stock after selling 753 shares during the quarter. Aire Advisors LLC’s holdings in SPDR Portfolio Emerging Markets ETF were worth $882,000 at the end of the most recent quarter.

A number of other institutional investors have also recently added to or reduced their stakes in SPEM. Brighton Jones LLC acquired a new position in SPDR Portfolio Emerging Markets ETF in the 4th quarter worth $289,000. Sowell Financial Services LLC acquired a new position in SPDR Portfolio Emerging Markets ETF in the 1st quarter worth $391,000. Rakuten Securities Inc. acquired a new position in SPDR Portfolio Emerging Markets ETF in the 1st quarter worth $61,000. Cornerstone Wealth Management LLC lifted its holdings in SPDR Portfolio Emerging Markets ETF by 4.3% in the 1st quarter. Cornerstone Wealth Management LLC now owns 66,516 shares of the company’s stock worth $2,619,000 after buying an additional 2,723 shares in the last quarter. Finally, Capital Wealth Management LLC lifted its holdings in SPDR Portfolio Emerging Markets ETF by 2.7% in the 1st quarter. Capital Wealth Management LLC now owns 424,050 shares of the company’s stock worth $16,695,000 after buying an additional 11,049 shares in the last quarter.

SPDR Portfolio Emerging Markets ETF Price Performance

Shares of SPEM stock opened at $46.98 on Thursday. The firm has a market capitalization of $14.45 billion, a P/E ratio of 15.39 and a beta of 0.68. The company’s fifty day moving average price is $45.62 and its two-hundred day moving average price is $42.64. SPDR Portfolio Emerging Markets ETF has a 12 month low of $34.38 and a 12 month high of $47.67.

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.