Frisch Financial Group Inc. Trims Holdings in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM)

Frisch Financial Group Inc. lessened its holdings in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEMFree Report) by 25.0% during the 3rd quarter, Holdings Channel.com reports. The firm owned 30,258 shares of the company’s stock after selling 10,080 shares during the period. Frisch Financial Group Inc.’s holdings in SPDR Portfolio Emerging Markets ETF were worth $1,016,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors have also recently made changes to their positions in the company. Sanctuary Wealth Management L.L.C. bought a new stake in shares of SPDR Portfolio Emerging Markets ETF during the fourth quarter valued at approximately $28,000. VisionPoint Advisory Group LLC purchased a new position in shares of SPDR Portfolio Emerging Markets ETF in the second quarter valued at $30,000. PrairieView Partners LLC grew its holdings in shares of SPDR Portfolio Emerging Markets ETF by 61.8% in the second quarter. PrairieView Partners LLC now owns 916 shares of the company’s stock valued at $31,000 after purchasing an additional 350 shares in the last quarter. Carmichael Hill & Associates Inc. purchased a new position in shares of SPDR Portfolio Emerging Markets ETF in the third quarter valued at $32,000. Finally, PCA Investment Advisory Services Inc. purchased a new position in shares of SPDR Portfolio Emerging Markets ETF in the second quarter valued at $32,000.

SPDR Portfolio Emerging Markets ETF Trading Down 1.6 %

Shares of SPEM stock traded down $0.56 on Wednesday, reaching $35.31. The company’s stock had a trading volume of 1,491,141 shares, compared to its average volume of 2,327,061. The stock’s fifty day simple moving average is $34.79 and its 200-day simple moving average is $34.26. SPDR Portfolio Emerging Markets ETF has a 1 year low of $32.06 and a 1 year high of $36.39. The company has a market capitalization of $7.56 billion, a price-to-earnings ratio of 10.59 and a beta of 0.68.

SPDR Portfolio Emerging Markets ETF Profile

(Free Report)

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.

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Institutional Ownership by Quarter for SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM)

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