JNBA Financial Advisors Sells 203,282 Shares of SPDR Portfolio Emerging Markets ETF $SPEM

JNBA Financial Advisors lowered its position in shares of SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) by 20.4% during the third quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 793,680 shares of the company’s stock after selling 203,282 shares during the period. SPDR Portfolio Emerging Markets ETF comprises about 3.4% of JNBA Financial Advisors’ portfolio, making the stock its 7th biggest position. JNBA Financial Advisors’ holdings in SPDR Portfolio Emerging Markets ETF were worth $37,152,000 at the end of the most recent reporting period.

Several other large investors have also recently bought and sold shares of SPEM. Forbes J M & Co. LLP boosted its stake in shares of SPDR Portfolio Emerging Markets ETF by 1.3% during the third quarter. Forbes J M & Co. LLP now owns 282,138 shares of the company’s stock valued at $13,207,000 after purchasing an additional 3,492 shares in the last quarter. True Vision MN LLC raised its holdings in SPDR Portfolio Emerging Markets ETF by 10.8% in the 3rd quarter. True Vision MN LLC now owns 5,988 shares of the company’s stock valued at $280,000 after buying an additional 586 shares during the last quarter. Fonville Wealth Management LLC raised its holdings in SPDR Portfolio Emerging Markets ETF by 7.5% in the 3rd quarter. Fonville Wealth Management LLC now owns 145,167 shares of the company’s stock valued at $6,795,000 after buying an additional 10,108 shares during the last quarter. Stephens Inc. AR boosted its position in SPDR Portfolio Emerging Markets ETF by 20.2% during the 3rd quarter. Stephens Inc. AR now owns 8,491 shares of the company’s stock worth $397,000 after buying an additional 1,428 shares during the period. Finally, Midwest Capital Advisors LLC boosted its position in SPDR Portfolio Emerging Markets ETF by 14.0% during the 3rd quarter. Midwest Capital Advisors LLC now owns 306,171 shares of the company’s stock worth $14,332,000 after buying an additional 37,531 shares during the period.

SPDR Portfolio Emerging Markets ETF Stock Performance

Shares of NYSEARCA SPEM opened at $48.97 on Friday. SPDR Portfolio Emerging Markets ETF has a 52-week low of $34.38 and a 52-week high of $49.19. The firm has a 50 day moving average price of $47.20 and a two-hundred day moving average price of $45.92. The stock has a market cap of $16.13 billion, a P/E ratio of 15.39 and a beta of 0.56.

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.