Upper Left Wealth Management LLC Lowers Position in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM)

Upper Left Wealth Management LLC lessened its position in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) by 14.5% in the first quarter, HoldingsChannel reports. The firm owned 19,067 shares of the company’s stock after selling 3,232 shares during the quarter. Upper Left Wealth Management LLC’s holdings in SPDR Portfolio Emerging Markets ETF were worth $751,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Blue Trust Inc. lifted its stake in shares of SPDR Portfolio Emerging Markets ETF by 474.2% in the 4th quarter. Blue Trust Inc. now owns 2,274 shares of the company’s stock valued at $94,000 after purchasing an additional 1,878 shares during the period. Northern Trust Corp lifted its stake in shares of SPDR Portfolio Emerging Markets ETF by 16.1% in the 4th quarter. Northern Trust Corp now owns 8,648 shares of the company’s stock valued at $332,000 after purchasing an additional 1,200 shares during the period. Forbes J M & Co. LLP lifted its stake 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 purchasing an additional 1,728 shares during the period. Tortoise Investment Management LLC lifted its stake in shares of SPDR Portfolio Emerging Markets ETF by 3.6% in the 4th quarter. Tortoise Investment Management LLC now owns 302,406 shares of the company’s stock valued at $11,603,000 after purchasing an additional 10,486 shares during the period. Finally, US Bancorp DE raised its stake in SPDR Portfolio Emerging Markets ETF by 4.5% during the fourth quarter. US Bancorp DE now owns 9,542 shares of the company’s stock valued at $366,000 after buying an additional 407 shares during the last quarter.

SPDR Portfolio Emerging Markets ETF Trading Up 0.4%

Shares of NYSEARCA:SPEM opened at $41.97 on Friday. The stock has a fifty day simple moving average of $39.59 and a two-hundred day simple moving average of $39.39. The stock has a market capitalization of $11.81 billion, a price-to-earnings ratio of 14.73 and a beta of 0.56. SPDR Portfolio Emerging Markets ETF has a 12-month low of $34.38 and a 12-month high of $42.88.

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.