Balboa Wealth Partners Sells 4,567 Shares of SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM)

Balboa Wealth Partners decreased its holdings in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) by 12.5% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 32,054 shares of the company’s stock after selling 4,567 shares during the period. Balboa Wealth Partners’ holdings in SPDR Portfolio Emerging Markets ETF were worth $1,230,000 at the end of the most recent quarter.

Other institutional investors have also recently made changes to their positions in the company. Compass Planning Associates Inc bought a new position in shares of SPDR Portfolio Emerging Markets ETF in the 4th quarter valued at about $28,000. Archer Investment Corp bought a new position in shares of SPDR Portfolio Emerging Markets ETF in the 3rd quarter valued at about $39,000. Strategic Wealth Investment Group LLC bought a new position in shares of SPDR Portfolio Emerging Markets ETF in the 4th quarter valued at about $46,000. Rialto Wealth Management LLC bought a new position in shares of SPDR Portfolio Emerging Markets ETF in the 4th quarter valued at about $60,000. Finally, SBI Securities Co. Ltd. bought a new stake in SPDR Portfolio Emerging Markets ETF in the fourth quarter worth about $64,000.

SPDR Portfolio Emerging Markets ETF Price Performance

Shares of NYSEARCA SPEM opened at $39.50 on Thursday. The company has a market cap of $10.44 billion, a P/E ratio of 14.80 and a beta of 0.67. SPDR Portfolio Emerging Markets ETF has a 1 year low of $35.00 and a 1 year high of $42.88. The firm has a 50-day simple moving average of $38.98 and a two-hundred day simple moving average of $39.52.

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.