Wallace Advisory Group LLC Sells 480 Shares of SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM)

Wallace Advisory Group LLC lessened its holdings in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) by 3.6% during the fourth quarter, HoldingsChannel.com reports. The fund owned 12,975 shares of the company’s stock after selling 480 shares during the period. Wallace Advisory Group LLC’s holdings in SPDR Portfolio Emerging Markets ETF were worth $536,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the business. Hofer & Associates. Inc grew its position in SPDR Portfolio Emerging Markets ETF by 1.2% in the third quarter. Hofer & Associates. Inc now owns 27,976 shares of the company’s stock valued at $1,155,000 after acquiring an additional 332 shares during the last quarter. City State Bank grew its position in SPDR Portfolio Emerging Markets ETF by 1.6% in the fourth quarter. City State Bank now owns 21,271 shares of the company’s stock valued at $816,000 after acquiring an additional 335 shares during the last quarter. Boston Mountain Money Management Inc. grew its position in SPDR Portfolio Emerging Markets ETF by 0.5% in the third quarter. Boston Mountain Money Management Inc. now owns 79,282 shares of the company’s stock valued at $3,273,000 after acquiring an additional 376 shares during the last quarter. Probity Advisors Inc. boosted its stake in shares of SPDR Portfolio Emerging Markets ETF by 0.3% during the third quarter. Probity Advisors Inc. now owns 129,860 shares of the company’s stock valued at $5,361,000 after purchasing an additional 380 shares in the last quarter. Finally, Landmark Wealth Management LLC boosted its stake in shares of SPDR Portfolio Emerging Markets ETF by 5.3% during the third quarter. Landmark Wealth Management LLC now owns 7,704 shares of the company’s stock valued at $318,000 after purchasing an additional 391 shares in the last quarter.

SPDR Portfolio Emerging Markets ETF Trading Down 0.7 %

Shares of SPEM stock opened at $37.07 on Tuesday. The business’s 50-day moving average price is $39.33 and its 200-day moving average price is $39.18. SPDR Portfolio Emerging Markets ETF has a 12 month low of $33.52 and a 12 month high of $42.88. The firm has a market capitalization of $8.80 billion, a price-to-earnings ratio of 13.05 and a beta of 0.81.

SPDR Portfolio Emerging Markets ETF Company 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.