SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) Shares Sold by GPS Wealth Strategies Group LLC

GPS Wealth Strategies Group LLC lowered its position in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) by 13.6% in the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 11,113 shares of the company’s stock after selling 1,742 shares during the period. GPS Wealth Strategies Group LLC’s holdings in SPDR Portfolio Emerging Markets ETF were worth $438,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds have also modified their holdings of the company. Brooklyn FI LLC boosted its stake in shares of SPDR Portfolio Emerging Markets ETF by 6,305.1% during the 4th quarter. Brooklyn FI LLC now owns 6,194,793 shares of the company’s stock worth $249,018,000 after acquiring an additional 6,098,077 shares in the last quarter. Raymond James Financial Inc. purchased a new stake in SPDR Portfolio Emerging Markets ETF in the 4th quarter valued at about $76,342,000. BlueStem Wealth Partners LLC acquired a new stake in shares of SPDR Portfolio Emerging Markets ETF in the fourth quarter worth approximately $38,051,000. Bank of America Corp DE grew its stake in shares of SPDR Portfolio Emerging Markets ETF by 33.5% during the 4th quarter. Bank of America Corp DE now owns 2,956,916 shares of the company’s stock valued at $113,457,000 after buying an additional 742,179 shares during the period. Finally, Bank of New York Mellon Corp grew its position in SPDR Portfolio Emerging Markets ETF by 37.9% during the fourth quarter. Bank of New York Mellon Corp now owns 2,694,747 shares of the company’s stock valued at $103,397,000 after acquiring an additional 740,980 shares during the period.

SPDR Portfolio Emerging Markets ETF Stock Performance

SPEM opened at $42.66 on Friday. SPDR Portfolio Emerging Markets ETF has a 1 year low of $34.38 and a 1 year high of $42.88. The firm has a 50 day moving average price of $39.99 and a 200 day moving average price of $39.48. The company has a market cap of $12.01 billion, a PE ratio of 14.73 and a beta of 0.56.

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.