Stadion Money Management LLC Sells 453,358 Shares of SPDR Portfolio Emerging Markets ETF $SPEM

Stadion Money Management LLC lessened its holdings in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) by 30.8% during the fourth quarter, HoldingsChannel reports. The fund owned 1,018,624 shares of the company’s stock after selling 453,358 shares during the quarter. SPDR Portfolio Emerging Markets ETF accounts for about 3.9% of Stadion Money Management LLC’s investment portfolio, making the stock its 7th biggest holding. Stadion Money Management LLC’s holdings in SPDR Portfolio Emerging Markets ETF were worth $47,682,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds also recently made changes to their positions in the company. First Command Advisory Services Inc. acquired a new stake in shares of SPDR Portfolio Emerging Markets ETF in the 4th quarter worth about $26,000. Front Row Advisors LLC grew its position in SPDR Portfolio Emerging Markets ETF by 147.9% in the 3rd quarter. Front Row Advisors LLC now owns 771 shares of the company’s stock worth $36,000 after purchasing an additional 460 shares in the last quarter. IFC & Insurance Marketing Inc. bought a new stake in SPDR Portfolio Emerging Markets ETF in the 4th quarter worth about $37,000. Signaturefd LLC bought a new stake in SPDR Portfolio Emerging Markets ETF in the 4th quarter worth about $40,000. Finally, International Assets Investment Management LLC bought a new stake in SPDR Portfolio Emerging Markets ETF in the 4th quarter worth about $40,000.

SPDR Portfolio Emerging Markets ETF Stock Performance

Shares of SPEM stock opened at $52.56 on Wednesday. SPDR Portfolio Emerging Markets ETF has a 52-week low of $40.83 and a 52-week high of $53.54. The company has a 50-day simple moving average of $51.20 and a two-hundred day simple moving average of $49.22. The company has a market capitalization of $18.02 billion, a price-to-earnings ratio of 15.39 and a beta of 0.60.

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.