Belpointe Asset Management LLC Decreases Stock Holdings in SPDR Portfolio Emerging Markets ETF $SPEM

Belpointe Asset Management LLC lowered its stake in shares of SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) by 6.9% during the second quarter, Holdings Channel.com reports. The firm owned 46,543 shares of the company’s stock after selling 3,463 shares during the quarter. Belpointe Asset Management LLC’s holdings in SPDR Portfolio Emerging Markets ETF were worth $1,989,000 as of its most recent SEC filing.

Other large investors have also added to or reduced their stakes in the company. Vestia Personal Wealth Advisors grew its position in shares of SPDR Portfolio Emerging Markets ETF by 3.1% in the 2nd quarter. Vestia Personal Wealth Advisors now owns 7,806 shares of the company’s stock worth $334,000 after buying an additional 236 shares during the last quarter. Vawter Financial Ltd. boosted its stake in SPDR Portfolio Emerging Markets ETF by 3.6% in the first quarter. Vawter Financial Ltd. now owns 7,412 shares of the company’s stock valued at $292,000 after acquiring an additional 255 shares in the last quarter. Focus Financial Network Inc. grew its holdings in SPDR Portfolio Emerging Markets ETF by 3.8% in the second quarter. Focus Financial Network Inc. now owns 7,195 shares of the company’s stock worth $307,000 after purchasing an additional 263 shares during the last quarter. Fidelis Capital Partners LLC increased its position in shares of SPDR Portfolio Emerging Markets ETF by 0.9% during the first quarter. Fidelis Capital Partners LLC now owns 31,409 shares of the company’s stock worth $1,228,000 after purchasing an additional 268 shares in the last quarter. Finally, Cary Street Partners Investment Advisory LLC lifted its holdings in shares of SPDR Portfolio Emerging Markets ETF by 2.4% during the 1st quarter. Cary Street Partners Investment Advisory LLC now owns 12,075 shares of the company’s stock valued at $475,000 after purchasing an additional 282 shares during the last quarter.

SPDR Portfolio Emerging Markets ETF Price Performance

SPDR Portfolio Emerging Markets ETF stock opened at $47.48 on Tuesday. SPDR Portfolio Emerging Markets ETF has a 1-year low of $34.38 and a 1-year high of $47.54. The business has a fifty day moving average price of $45.13 and a 200-day moving average price of $42.35. The stock has a market capitalization of $14.60 billion, a price-to-earnings ratio of 15.39 and a beta of 0.68.

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.