SPDR Portfolio Emerging Markets ETF $SPEM Shares Sold by Rainier Family Wealth Inc.

Rainier Family Wealth Inc. reduced its position in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) by 69.3% in the 1st quarter, Holdings Channel reports. The fund owned 16,003 shares of the company’s stock after selling 36,082 shares during the period. Rainier Family Wealth Inc.’s holdings in SPDR Portfolio Emerging Markets ETF were worth $751,000 at the end of the most recent quarter.

Other institutional investors also recently bought and sold shares of the company. First Command Advisory Services Inc. acquired a new stake in shares of SPDR Portfolio Emerging Markets ETF during the fourth quarter worth $26,000. Safe Harbor Fiduciary LLC acquired a new position in SPDR Portfolio Emerging Markets ETF in the fourth quarter valued at $32,000. Front Row Advisors LLC increased its stake in SPDR Portfolio Emerging Markets ETF by 147.9% in the third quarter. Front Row Advisors LLC now owns 771 shares of the company’s stock valued at $36,000 after purchasing an additional 460 shares during the last quarter. IFC & Insurance Marketing Inc. purchased a new position in SPDR Portfolio Emerging Markets ETF during the fourth quarter worth about $37,000. Finally, Signaturefd LLC purchased a new position in SPDR Portfolio Emerging Markets ETF during the fourth quarter worth about $40,000.

SPDR Portfolio Emerging Markets ETF Trading Up 0.1%

Shares of NYSEARCA:SPEM opened at $53.13 on Tuesday. The stock’s 50-day moving average price is $51.59 and its two-hundred day moving average price is $49.39. SPDR Portfolio Emerging Markets ETF has a 12-month low of $40.83 and a 12-month high of $53.54. The firm has a market cap of $18.21 billion, a price-to-earnings 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.