Forthright Family Wealth Advisory LLC Lowers Holdings in SPDR Portfolio Emerging Markets ETF $SPEM

Forthright Family Wealth Advisory LLC decreased its position in shares of SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) by 58.4% during the third quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 26,499 shares of the company’s stock after selling 37,195 shares during the quarter. SPDR Portfolio Emerging Markets ETF makes up 0.8% of Forthright Family Wealth Advisory LLC’s holdings, making the stock its 26th largest holding. Forthright Family Wealth Advisory LLC’s holdings in SPDR Portfolio Emerging Markets ETF were worth $1,240,000 at the end of the most recent quarter.

Other hedge funds have also recently modified their holdings of the company. Brighton Jones LLC purchased a new stake in SPDR Portfolio Emerging Markets ETF during the fourth quarter worth $289,000. AQR Capital Management LLC increased its position in shares of SPDR Portfolio Emerging Markets ETF by 80.2% in the 1st quarter. AQR Capital Management LLC now owns 31,388 shares of the company’s stock valued at $1,236,000 after acquiring an additional 13,972 shares during the period. Goldman Sachs Group Inc. increased its holdings in shares of SPDR Portfolio Emerging Markets ETF by 6.6% in the first quarter. Goldman Sachs Group Inc. now owns 104,799 shares of the company’s stock valued at $4,126,000 after purchasing an additional 6,463 shares during the period. Janney Montgomery Scott LLC acquired a new position in SPDR Portfolio Emerging Markets ETF in the 2nd quarter worth approximately $1,182,000. Finally, Truist Financial Corp increased its stake in shares of SPDR Portfolio Emerging Markets ETF by 10.1% in the second quarter. Truist Financial Corp now owns 96,702 shares of the company’s stock worth $4,133,000 after acquiring an additional 8,909 shares during the period.

SPDR Portfolio Emerging Markets ETF Stock Performance

Shares of SPEM opened at $49.20 on Friday. The company has a market capitalization of $16.43 billion, a P/E ratio of 15.39 and a beta of 0.56. SPDR Portfolio Emerging Markets ETF has a fifty-two week low of $34.38 and a fifty-two week high of $50.58. The business’s 50-day moving average is $47.69 and its two-hundred day moving average is $46.44.

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.