SPDR Portfolio Emerging Markets ETF $SPEM Shares Sold by Ascent Group LLC

Ascent Group LLC cut its position in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) by 31.7% in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 38,257 shares of the company’s stock after selling 17,775 shares during the quarter. Ascent Group LLC’s holdings in SPDR Portfolio Emerging Markets ETF were worth $1,635,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Montz Harcus Wealth Management LLC grew its stake in shares of SPDR Portfolio Emerging Markets ETF by 7.1% during the second quarter. Montz Harcus Wealth Management LLC now owns 22,115 shares of the company’s stock valued at $945,000 after acquiring an additional 1,472 shares in the last quarter. Ameritas Advisory Services LLC acquired a new position in shares of SPDR Portfolio Emerging Markets ETF in the second quarter worth about $100,000. Synergy Asset Management LLC purchased a new position in SPDR Portfolio Emerging Markets ETF in the second quarter valued at about $244,000. Compass Planning Associates Inc grew its stake in SPDR Portfolio Emerging Markets ETF by 42.4% during the 2nd quarter. Compass Planning Associates Inc now owns 1,814 shares of the company’s stock valued at $78,000 after purchasing an additional 540 shares in the last quarter. Finally, Matauro LLC increased its holdings in SPDR Portfolio Emerging Markets ETF by 46.4% during the 2nd quarter. Matauro LLC now owns 16,283 shares of the company’s stock worth $696,000 after purchasing an additional 5,164 shares during the last quarter.

SPDR Portfolio Emerging Markets ETF Stock Up 0.3%

Shares of SPEM opened at $47.35 on Monday. The firm has a market cap of $14.56 billion, a price-to-earnings ratio of 15.39 and a beta of 0.68. The business’s 50 day moving average is $45.05 and its two-hundred day moving average is $42.30. SPDR Portfolio Emerging Markets ETF has a 52-week low of $34.38 and a 52-week high of $47.44.

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.