Heritage Family Offices LLP lowered its position in shares of SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM – Free Report) by 9.5% during the 1st quarter, HoldingsChannel.com reports. The institutional investor owned 404,452 shares of the company’s stock after selling 42,439 shares during the period. SPDR Portfolio Emerging Markets ETF makes up about 8.1% of Heritage Family Offices LLP’s portfolio, making the stock its biggest position. Heritage Family Offices LLP’s holdings in SPDR Portfolio Emerging Markets ETF were worth $15,923,000 as of its most recent SEC filing.
Other institutional investors have also recently made changes to their positions in the company. Headlands Technologies LLC purchased a new position in SPDR Portfolio Emerging Markets ETF in the fourth quarter valued at about $26,000. IMG Wealth Management Inc. purchased a new position in SPDR Portfolio Emerging Markets ETF in the fourth quarter valued at about $27,000. Compass Planning Associates Inc purchased a new position in SPDR Portfolio Emerging Markets ETF in the fourth quarter valued at about $28,000. Bernard Wealth Management Corp. purchased a new position in SPDR Portfolio Emerging Markets ETF in the fourth quarter valued at about $50,000. Finally, Rialto Wealth Management LLC acquired a new stake in SPDR Portfolio Emerging Markets ETF in the fourth quarter worth about $60,000.
SPDR Portfolio Emerging Markets ETF Stock Performance
Shares of NYSEARCA SPEM opened at $41.18 on Tuesday. The company has a market cap of $11.59 billion, a PE ratio of 14.73 and a beta of 0.56. The business has a 50-day simple moving average of $39.43 and a two-hundred day simple moving average of $39.32. SPDR Portfolio Emerging Markets ETF has a fifty-two week low of $34.38 and a fifty-two week high of $42.88.
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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Want to see what other hedge funds are holding SPEM? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM – Free Report).
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