SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) Shares Sold by Stonehearth Capital Management LLC

Stonehearth Capital Management LLC cut its holdings in shares of SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEMFree Report) by 12.1% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 37,113 shares of the company’s stock after selling 5,125 shares during the quarter. SPDR Portfolio Emerging Markets ETF accounts for 0.6% of Stonehearth Capital Management LLC’s investment portfolio, making the stock its 26th largest position. Stonehearth Capital Management LLC’s holdings in SPDR Portfolio Emerging Markets ETF were worth $1,314,000 as of its most recent SEC filing.

Other hedge funds also recently added to or reduced their stakes in the company. JPMorgan Chase & Co. raised its holdings in shares of SPDR Portfolio Emerging Markets ETF by 71.8% in the 1st quarter. JPMorgan Chase & Co. now owns 144,187 shares of the company’s stock valued at $5,571,000 after purchasing an additional 60,258 shares in the last quarter. US Bancorp DE raised its holdings in shares of SPDR Portfolio Emerging Markets ETF by 346.8% in the 1st quarter. US Bancorp DE now owns 5,522 shares of the company’s stock valued at $214,000 after purchasing an additional 4,286 shares in the last quarter. BlackRock Inc. raised its holdings in shares of SPDR Portfolio Emerging Markets ETF by 10.5% in the 1st quarter. BlackRock Inc. now owns 3,663 shares of the company’s stock valued at $142,000 after purchasing an additional 349 shares in the last quarter. Blair William & Co. IL raised its holdings in shares of SPDR Portfolio Emerging Markets ETF by 50.0% in the 1st quarter. Blair William & Co. IL now owns 80,447 shares of the company’s stock valued at $3,108,000 after purchasing an additional 26,817 shares in the last quarter. Finally, Empirical Financial Services LLC d.b.a. Empirical Wealth Management raised its holdings in shares of SPDR Portfolio Emerging Markets ETF by 13.4% in the 1st quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management now owns 14,700 shares of the company’s stock valued at $568,000 after purchasing an additional 1,735 shares in the last quarter.

SPDR Portfolio Emerging Markets ETF Price Performance

Shares of SPEM traded down $0.13 during midday trading on Friday, reaching $36.00. The stock had a trading volume of 814,866 shares, compared to its average volume of 2,114,711. SPDR Portfolio Emerging Markets ETF has a 1-year low of $32.06 and a 1-year high of $36.47. The company’s fifty day simple moving average is $35.04 and its two-hundred day simple moving average is $34.43. The company has a market cap of $7.70 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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