Sharkey Howes & Javer Lowers Holdings in SPDR Portfolio Emerging Markets ETF $SPEM

Sharkey Howes & Javer trimmed its position in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) by 30.0% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 88,891 shares of the company’s stock after selling 38,069 shares during the period. Sharkey Howes & Javer’s holdings in SPDR Portfolio Emerging Markets ETF were worth $4,161,000 at the end of the most recent reporting period.

Other hedge funds have also recently made changes to their positions in the company. Verus Capital Partners LLC raised its position in shares of SPDR Portfolio Emerging Markets ETF by 1.3% in the second quarter. Verus Capital Partners LLC now owns 18,408 shares of the company’s stock worth $787,000 after buying an additional 235 shares in the last quarter. Vestia Personal Wealth Advisors increased its stake in 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 acquiring an additional 236 shares during the last quarter. Rockbridge Investment Management LCC raised its holdings in shares of SPDR Portfolio Emerging Markets ETF by 1.0% in the 2nd quarter. Rockbridge Investment Management LCC now owns 25,083 shares of the company’s stock valued at $1,072,000 after acquiring an additional 239 shares in the last quarter. Apollon Wealth Management LLC boosted its position in shares of SPDR Portfolio Emerging Markets ETF by 1.5% during the 2nd quarter. Apollon Wealth Management LLC now owns 16,893 shares of the company’s stock valued at $722,000 after acquiring an additional 244 shares during the last quarter. Finally, Stonehaven Wealth & Tax Solutions LLC boosted its position in shares of SPDR Portfolio Emerging Markets ETF by 0.3% during the 2nd quarter. Stonehaven Wealth & Tax Solutions LLC now owns 90,575 shares of the company’s stock valued at $3,871,000 after acquiring an additional 253 shares during the last quarter.

SPDR Portfolio Emerging Markets ETF Trading Up 0.9%

SPEM stock opened at $47.02 on Friday. The company’s 50 day moving average is $47.12 and its 200 day moving average is $45.22. The stock has a market cap of $14.52 billion, a price-to-earnings ratio of 15.39 and a beta of 0.56. SPDR Portfolio Emerging Markets ETF has a 1-year low of $34.38 and a 1-year high of $48.56.

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.