SPDR Portfolio Emerging Markets ETF $SPEM Stock Position Trimmed by Global Strategic Investment Solutions LLC

Global Strategic Investment Solutions LLC cut its holdings in shares of SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) by 1.1% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 688,119 shares of the company’s stock after selling 7,651 shares during the quarter. SPDR Portfolio Emerging Markets ETF comprises approximately 3.1% of Global Strategic Investment Solutions LLC’s portfolio, making the stock its 8th biggest holding. Global Strategic Investment Solutions LLC owned approximately 0.24% of SPDR Portfolio Emerging Markets ETF worth $29,410,000 as of its most recent SEC filing.

Other large investors have also recently added to or reduced their stakes in the company. Knuff & Co LLC purchased a new position in SPDR Portfolio Emerging Markets ETF during the first quarter worth about $29,000. Brooklyn Investment Group purchased a new stake in shares of SPDR Portfolio Emerging Markets ETF during the 1st quarter worth about $32,000. Wayfinding Financial LLC acquired a new stake in SPDR Portfolio Emerging Markets ETF during the 1st quarter worth approximately $36,000. Tsfg LLC increased its position in SPDR Portfolio Emerging Markets ETF by 267.4% during the 1st quarter. Tsfg LLC now owns 992 shares of the company’s stock worth $39,000 after purchasing an additional 722 shares in the last quarter. Finally, Webster Bank N. A. acquired a new stake in SPDR Portfolio Emerging Markets ETF during the 2nd quarter worth approximately $40,000.

SPDR Portfolio Emerging Markets ETF Stock Performance

SPEM opened at $47.35 on Friday. The firm has a 50 day moving average price of $45.05 and a 200 day moving average price of $42.28. The company has a market cap of $14.56 billion, a PE ratio of 15.39 and a beta of 0.68. SPDR Portfolio Emerging Markets ETF has a 1 year low of $34.38 and a 1 year high of $47.44.

SPDR Portfolio Emerging Markets ETF 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.