Hobart Private Capital LLC cut its stake in shares of SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM – Free Report) by 31.0% during the 2nd quarter, Holdings Channel.com reports. The firm owned 197,303 shares of the company’s stock after selling 88,764 shares during the quarter. SPDR Portfolio Emerging Markets ETF accounts for about 1.8% of Hobart Private Capital LLC’s holdings, making the stock its 20th largest position. Hobart Private Capital LLC’s holdings in SPDR Portfolio Emerging Markets ETF were worth $10,216,000 at the end of the most recent quarter.
Several other large investors have also added to or reduced their stakes in the company. First Command Advisory Services Inc. purchased a new position in shares of SPDR Portfolio Emerging Markets ETF during the 4th quarter valued at $26,000. Ascentis Independent Advisors purchased a new stake in SPDR Portfolio Emerging Markets ETF in the 1st quarter worth $27,000. Robinswood Financial LLC bought a new stake in SPDR Portfolio Emerging Markets ETF during the first quarter valued at about $32,000. Safe Harbor Fiduciary LLC bought a new stake in SPDR Portfolio Emerging Markets ETF during the fourth quarter valued at about $32,000. Finally, Front Row Advisors LLC lifted its position in shares of SPDR Portfolio Emerging Markets ETF by 147.9% in the third quarter. Front Row Advisors LLC now owns 771 shares of the company’s stock valued at $36,000 after acquiring an additional 460 shares in the last quarter.
SPDR Portfolio Emerging Markets ETF Stock Up 0.4%
Shares of SPDR Portfolio Emerging Markets ETF stock opened at $51.13 on Tuesday. The company has a market capitalization of $17.31 billion, a price-to-earnings ratio of 15.39 and a beta of 0.60. The stock’s 50-day simple moving average is $51.51 and its 200-day simple moving average is $50.19. SPDR Portfolio Emerging Markets ETF has a 52 week low of $43.08 and a 52 week high of $53.54.
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.
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