Quent Capital LLC Has $2.36 Million Position in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM)

Quent Capital LLC lessened its holdings in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) by 4.8% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 61,525 shares of the company’s stock after selling 3,093 shares during the period. Quent Capital LLC’s holdings in SPDR Portfolio Emerging Markets ETF were worth $2,361,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also added to or reduced their stakes in the company. Archer Investment Corp acquired a new stake in SPDR Portfolio Emerging Markets ETF during the 3rd quarter worth approximately $39,000. Strategic Wealth Investment Group LLC bought a new position in SPDR Portfolio Emerging Markets ETF during the 4th quarter worth $46,000. Blue Trust Inc. lifted its holdings in shares of SPDR Portfolio Emerging Markets ETF by 474.2% during the fourth quarter. Blue Trust Inc. now owns 2,274 shares of the company’s stock worth $94,000 after buying an additional 1,878 shares in the last quarter. McClarren Financial Advisors Inc. boosted its position in shares of SPDR Portfolio Emerging Markets ETF by 583.2% in the third quarter. McClarren Financial Advisors Inc. now owns 2,569 shares of the company’s stock valued at $106,000 after acquiring an additional 2,193 shares during the period. Finally, Fortitude Family Office LLC acquired a new position in shares of SPDR Portfolio Emerging Markets ETF in the fourth quarter valued at about $121,000.

SPDR Portfolio Emerging Markets ETF Stock Performance

NYSEARCA:SPEM opened at $39.39 on Wednesday. SPDR Portfolio Emerging Markets ETF has a 52 week low of $34.30 and a 52 week high of $42.88. The firm’s 50-day simple moving average is $38.91 and its 200 day simple moving average is $39.23. The firm has a market cap of $9.35 billion, a price-to-earnings ratio of 13.05 and a beta of 0.81.

About SPDR Portfolio Emerging Markets ETF

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.