MBA Advisors LLC Trims Stock Position in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM)

MBA Advisors LLC cut its position in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) by 4.0% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 53,232 shares of the company’s stock after selling 2,218 shares during the quarter. SPDR Portfolio Emerging Markets ETF comprises 1.0% of MBA Advisors LLC’s investment portfolio, making the stock its 26th biggest position. MBA Advisors LLC’s holdings in SPDR Portfolio Emerging Markets ETF were worth $2,043,000 at the end of the most recent reporting period.

Several other large investors have also recently bought and sold shares of SPEM. Stifel Financial Corp raised its position in shares of SPDR Portfolio Emerging Markets ETF by 6.7% in the third quarter. Stifel Financial Corp now owns 64,565 shares of the company’s stock worth $2,665,000 after buying an additional 4,049 shares in the last quarter. Forbes J M & Co. LLP raised its holdings in shares of SPDR Portfolio Emerging Markets ETF by 0.7% in the 4th quarter. Forbes J M & Co. LLP now owns 265,153 shares of the company’s stock valued at $10,174,000 after acquiring an additional 1,728 shares in the last quarter. Advisory Resource Group boosted its position in shares of SPDR Portfolio Emerging Markets ETF by 5.4% during the 3rd quarter. Advisory Resource Group now owns 60,213 shares of the company’s stock valued at $2,486,000 after acquiring an additional 3,068 shares during the last quarter. JPMorgan Chase & Co. grew its holdings in shares of SPDR Portfolio Emerging Markets ETF by 3.1% during the third quarter. JPMorgan Chase & Co. now owns 637,654 shares of the company’s stock worth $26,322,000 after purchasing an additional 19,370 shares in the last quarter. Finally, Forbes Financial Planning Inc. increased its position in shares of SPDR Portfolio Emerging Markets ETF by 8.8% in the third quarter. Forbes Financial Planning Inc. now owns 73,136 shares of the company’s stock worth $3,019,000 after purchasing an additional 5,937 shares during the last quarter.

SPDR Portfolio Emerging Markets ETF Price Performance

Shares of SPEM opened at $39.18 on Monday. SPDR Portfolio Emerging Markets ETF has a 1-year low of $34.30 and a 1-year high of $42.88. The company has a market capitalization of $9.30 billion, a P/E ratio of 13.05 and a beta of 0.81. The firm’s 50 day simple moving average is $38.91 and its 200 day simple moving average is $39.20.

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.