SigFig Wealth Management LLC Sells 16,664 Shares of SPDR Portfolio Emerging Markets ETF $SPEM

SigFig Wealth Management LLC lowered its holdings in shares of SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) by 5.4% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 291,685 shares of the company’s stock after selling 16,664 shares during the period. SPDR Portfolio Emerging Markets ETF makes up about 0.4% of SigFig Wealth Management LLC’s holdings, making the stock its 29th biggest position. SigFig Wealth Management LLC owned 0.09% of SPDR Portfolio Emerging Markets ETF worth $13,700,000 as of its most recent SEC filing.

A number of other hedge funds have also added to or reduced their stakes in the business. Ritholtz Wealth Management lifted its stake in SPDR Portfolio Emerging Markets ETF by 1.1% in the third quarter. Ritholtz Wealth Management now owns 19,379 shares of the company’s stock valued at $907,000 after buying an additional 210 shares during the period. Kraft Davis & Associates LLC grew its position in shares of SPDR Portfolio Emerging Markets ETF by 4.5% during the 4th quarter. Kraft Davis & Associates LLC now owns 4,934 shares of the company’s stock worth $240,000 after buying an additional 213 shares during the period. Captrust Financial Advisors grew its position in shares of SPDR Portfolio Emerging Markets ETF by 0.7% during the 3rd quarter. Captrust Financial Advisors now owns 32,698 shares of the company’s stock worth $1,531,000 after buying an additional 222 shares during the period. Cadent Capital Advisors LLC increased its stake in shares of SPDR Portfolio Emerging Markets ETF by 0.6% in the 4th quarter. Cadent Capital Advisors LLC now owns 43,377 shares of the company’s stock valued at $2,030,000 after acquiring an additional 240 shares in the last quarter. Finally, Echo Wealth Management LLC increased its stake in shares of SPDR Portfolio Emerging Markets ETF by 0.4% in the 3rd quarter. Echo Wealth Management LLC now owns 61,832 shares of the company’s stock valued at $2,894,000 after acquiring an additional 242 shares in the last quarter.

SPDR Portfolio Emerging Markets ETF Stock Down 0.7%

SPDR Portfolio Emerging Markets ETF stock opened at $46.76 on Friday. The company has a market capitalization of $15.62 billion, a PE ratio of 15.39 and a beta of 0.56. SPDR Portfolio Emerging Markets ETF has a 12-month low of $34.38 and a 12-month high of $51.35. The firm’s fifty day moving average is $48.74 and its 200 day moving average is $47.76.

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.