Frisch Financial Group Inc. Has $782,000 Stock Holdings in SPDR Portfolio Emerging Markets ETF $SPEM

Frisch Financial Group Inc. reduced its stake in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) by 37.5% in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 16,665 shares of the company’s stock after selling 10,016 shares during the period. Frisch Financial Group Inc.’s holdings in SPDR Portfolio Emerging Markets ETF were worth $782,000 as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in the stock. Charles Schwab Investment Management Inc. grew its stake in shares of SPDR Portfolio Emerging Markets ETF by 20.1% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 15,874,429 shares of the company’s stock valued at $743,082,000 after buying an additional 2,653,013 shares during the period. LPL Financial LLC raised its stake in SPDR Portfolio Emerging Markets ETF by 12.7% during the 4th quarter. LPL Financial LLC now owns 15,587,049 shares of the company’s stock worth $729,630,000 after buying an additional 1,758,866 shares during the period. Allworth Financial LP raised its stake in SPDR Portfolio Emerging Markets ETF by 1.0% during the 4th quarter. Allworth Financial LP now owns 9,355,461 shares of the company’s stock worth $437,929,000 after buying an additional 94,029 shares during the period. Morgan Stanley boosted its holdings in SPDR Portfolio Emerging Markets ETF by 9.8% in the fourth quarter. Morgan Stanley now owns 6,997,855 shares of the company’s stock worth $327,570,000 after acquiring an additional 622,595 shares in the last quarter. Finally, Ameriprise Financial Inc. boosted its holdings in SPDR Portfolio Emerging Markets ETF by 5.5% in the second quarter. Ameriprise Financial Inc. now owns 5,339,952 shares of the company’s stock worth $228,232,000 after acquiring an additional 279,126 shares in the last quarter.

SPDR Portfolio Emerging Markets ETF Stock Performance

Shares of SPDR Portfolio Emerging Markets ETF stock opened at $51.03 on Friday. SPDR Portfolio Emerging Markets ETF has a 52 week low of $42.66 and a 52 week high of $53.54. The stock has a 50 day moving average price of $51.75 and a two-hundred day moving average price of $49.96. The stock has a market capitalization of $17.22 billion, a PE 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.