Wealth Enhancement Advisory Services LLC Has $38.29 Million Stake in SPDR Portfolio Emerging Markets ETF $SPEM

Wealth Enhancement Advisory Services LLC cut its stake in shares of SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) by 6.2% in the third quarter, according to the company in its most recent disclosure with the SEC. The firm owned 810,438 shares of the company’s stock after selling 53,301 shares during the quarter. Wealth Enhancement Advisory Services LLC owned approximately 0.26% of SPDR Portfolio Emerging Markets ETF worth $38,285,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also modified their holdings of the business. Rovin Capital UT ADV raised its holdings in shares of SPDR Portfolio Emerging Markets ETF by 17.3% in the third quarter. Rovin Capital UT ADV now owns 26,128 shares of the company’s stock valued at $1,223,000 after buying an additional 3,847 shares during the last quarter. Formidable Asset Management LLC grew its stake in shares of SPDR Portfolio Emerging Markets ETF by 15.9% during the third quarter. Formidable Asset Management LLC now owns 16,392 shares of the company’s stock valued at $701,000 after purchasing an additional 2,245 shares during the last quarter. Glass Jacobson Investment Advisors llc increased its holdings in shares of SPDR Portfolio Emerging Markets ETF by 20.4% in the third quarter. Glass Jacobson Investment Advisors llc now owns 1,898 shares of the company’s stock valued at $89,000 after purchasing an additional 321 shares in the last quarter. Occidental Asset Management LLC raised its position in SPDR Portfolio Emerging Markets ETF by 3.7% in the 3rd quarter. Occidental Asset Management LLC now owns 56,488 shares of the company’s stock worth $2,644,000 after purchasing an additional 2,034 shares during the last quarter. Finally, Phoenix Wealth Advisors lifted its holdings in SPDR Portfolio Emerging Markets ETF by 1.5% during the 3rd quarter. Phoenix Wealth Advisors now owns 107,174 shares of the company’s stock worth $5,017,000 after buying an additional 1,616 shares in the last quarter.

SPDR Portfolio Emerging Markets ETF Stock Performance

NYSEARCA SPEM opened at $48.71 on Wednesday. SPDR Portfolio Emerging Markets ETF has a 52 week low of $34.38 and a 52 week high of $49.19. The stock has a market capitalization of $16.11 billion, a P/E ratio of 15.39 and a beta of 0.56. The stock has a fifty day moving average of $47.25 and a 200-day moving average of $46.08.

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.