Atlas Private Wealth Advisors Sells 56,728 Shares of SPDR Portfolio Emerging Markets ETF $SPEM

Atlas Private Wealth Advisors cut its stake in shares of SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) by 22.1% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 199,814 shares of the company’s stock after selling 56,728 shares during the period. SPDR Portfolio Emerging Markets ETF makes up approximately 2.3% of Atlas Private Wealth Advisors’ investment portfolio, making the stock its 18th largest holding. Atlas Private Wealth Advisors owned about 0.06% of SPDR Portfolio Emerging Markets ETF worth $9,353,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in the stock. First Horizon Corp bought a new stake in shares of SPDR Portfolio Emerging Markets ETF in the 3rd quarter valued at about $29,000. Stone House Investment Management LLC acquired a new position in SPDR Portfolio Emerging Markets ETF during the third quarter valued at approximately $40,000. Sachetta LLC increased its stake in SPDR Portfolio Emerging Markets ETF by 2,263.9% in the second quarter. Sachetta LLC now owns 851 shares of the company’s stock valued at $36,000 after purchasing an additional 815 shares in the last quarter. Addison Advisors LLC bought a new stake in SPDR Portfolio Emerging Markets ETF in the second quarter valued at approximately $49,000. Finally, Blue Trust Inc. raised its holdings in SPDR Portfolio Emerging Markets ETF by 539.1% in the third quarter. Blue Trust Inc. now owns 1,227 shares of the company’s stock worth $57,000 after purchasing an additional 1,035 shares during the period.

SPDR Portfolio Emerging Markets ETF Stock Down 2.0%

SPEM opened at $49.20 on Friday. SPDR Portfolio Emerging Markets ETF has a 12 month low of $34.38 and a 12 month high of $50.58. The company has a fifty day simple moving average of $47.69 and a 200 day simple moving average of $46.42. The stock has a market cap of $16.43 billion, a P/E ratio of 15.39 and a beta of 0.56.

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.