Kelly Financial Services LLC decreased its position in shares of SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM – Free Report) by 39.0% in the 2nd quarter, Holdings Channel reports. The firm owned 7,575 shares of the company’s stock after selling 4,837 shares during the quarter. Kelly Financial Services LLC’s holdings in SPDR Portfolio Emerging Markets ETF were worth $324,000 at the end of the most recent quarter.
A number of other institutional investors also recently modified their holdings of the company. Knuff & Co LLC bought a new position in SPDR Portfolio Emerging Markets ETF during the first quarter worth $29,000. Brooklyn Investment Group bought a new stake in SPDR Portfolio Emerging Markets ETF during the first quarter valued at $32,000. Webster Bank N. A. acquired a new stake in SPDR Portfolio Emerging Markets ETF during the 2nd quarter worth about $40,000. Wayfinding Financial LLC acquired a new stake in SPDR Portfolio Emerging Markets ETF during the 1st quarter worth about $36,000. Finally, Tsfg LLC raised its position in shares of SPDR Portfolio Emerging Markets ETF by 267.4% in the 1st quarter. Tsfg LLC now owns 992 shares of the company’s stock worth $39,000 after acquiring an additional 722 shares in the last quarter.
SPDR Portfolio Emerging Markets ETF Price Performance
Shares of NYSEARCA:SPEM opened at $46.26 on Monday. SPDR Portfolio Emerging Markets ETF has a 1 year low of $34.38 and a 1 year high of $47.21. The business’s 50-day moving average is $44.74 and its 200-day moving average is $42.06. The company has a market capitalization of $13.46 billion, a price-to-earnings ratio of 15.39 and a beta of 0.68.
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.
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