SigFig Wealth Management LLC Has $14.26 Million Position in SPDR Portfolio Emerging Markets ETF $SPEM

SigFig Wealth Management LLC lessened its position in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) by 4.5% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 308,349 shares of the company’s stock after selling 14,674 shares during the period. SPDR Portfolio Emerging Markets ETF comprises about 0.4% of SigFig Wealth Management LLC’s portfolio, making the stock its 27th largest holding. SigFig Wealth Management LLC owned 0.10% of SPDR Portfolio Emerging Markets ETF worth $14,264,000 at the end of the most recent reporting period.

Several other hedge funds have also bought and sold shares of SPEM. Sachetta LLC increased its position in SPDR Portfolio Emerging Markets ETF by 2,263.9% during the second quarter. Sachetta LLC now owns 851 shares of the company’s stock worth $36,000 after buying an additional 815 shares during the last quarter. Webster Bank N. A. acquired a new stake in shares of SPDR Portfolio Emerging Markets ETF in the second quarter valued at approximately $40,000. Addison Advisors LLC bought a new position in shares of SPDR Portfolio Emerging Markets ETF during the 2nd quarter worth approximately $49,000. Blue Trust Inc. raised its stake in SPDR Portfolio Emerging Markets ETF by 539.1% in the 3rd quarter. Blue Trust Inc. now owns 1,227 shares of the company’s stock valued at $57,000 after acquiring an additional 1,035 shares during the period. Finally, WFA of San Diego LLC acquired a new stake in SPDR Portfolio Emerging Markets ETF during the 2nd quarter valued at $58,000.

SPDR Portfolio Emerging Markets ETF Price Performance

SPEM stock opened at $47.79 on Friday. SPDR Portfolio Emerging Markets ETF has a one year low of $34.38 and a one year high of $48.56. The stock has a market cap of $14.75 billion, a price-to-earnings ratio of 15.39 and a beta of 0.56. The company has a fifty day moving average price of $47.06 and a two-hundred day moving average price of $45.52.

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.