WCG Wealth Advisors LLC Decreases Position in SPDR Portfolio Emerging Markets ETF $SPEM

WCG Wealth Advisors LLC cut its stake in shares of SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) by 13.3% during the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 385,202 shares of the company’s stock after selling 59,130 shares during the period. SPDR Portfolio Emerging Markets ETF accounts for about 1.2% of WCG Wealth Advisors LLC’s portfolio, making the stock its 20th biggest position. WCG Wealth Advisors LLC owned about 0.14% of SPDR Portfolio Emerging Markets ETF worth $15,165,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Knuff & Co LLC purchased a new stake in shares of SPDR Portfolio Emerging Markets ETF in the first quarter worth approximately $29,000. Brooklyn Investment Group purchased a new stake in shares of SPDR Portfolio Emerging Markets ETF in the first quarter worth approximately $32,000. Wayfinding Financial LLC purchased a new stake in shares of SPDR Portfolio Emerging Markets ETF in the first quarter worth approximately $36,000. Tsfg LLC raised its holdings in shares of SPDR Portfolio Emerging Markets ETF by 267.4% in the first quarter. Tsfg LLC now owns 992 shares of the company’s stock worth $39,000 after buying an additional 722 shares during the period. Finally, Elite Financial Inc. purchased a new stake in shares of SPDR Portfolio Emerging Markets ETF in the first quarter worth approximately $45,000.

SPDR Portfolio Emerging Markets ETF Stock Performance

Shares of NYSEARCA SPEM opened at $45.01 on Monday. SPDR Portfolio Emerging Markets ETF has a fifty-two week low of $34.38 and a fifty-two week high of $45.03. The company has a market cap of $13.10 billion, a price-to-earnings ratio of 15.39 and a beta of 0.68. The business’s 50 day moving average price is $43.27 and its 200-day moving average price is $41.02.

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.