SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) Shares Sold by Empower Advisory Group LLC

Empower Advisory Group LLC cut its holdings in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) by 40.1% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund owned 6,117 shares of the company’s stock after selling 4,100 shares during the period. Empower Advisory Group LLC’s holdings in SPDR Portfolio Emerging Markets ETF were worth $235,000 at the end of the most recent reporting period.

A number of other large investors have also recently added to or reduced their stakes in SPEM. Truist Financial Corp lifted its stake in SPDR Portfolio Emerging Markets ETF by 3.4% during the fourth quarter. Truist Financial Corp now owns 46,300 shares of the company’s stock worth $1,777,000 after purchasing an additional 1,520 shares in the last quarter. Cutler Investment Counsel LLC lifted its stake in SPDR Portfolio Emerging Markets ETF by 5.4% during the fourth quarter. Cutler Investment Counsel LLC now owns 732,993 shares of the company’s stock worth $28,125,000 after purchasing an additional 37,440 shares in the last quarter. WBH Advisory Inc. lifted its stake in SPDR Portfolio Emerging Markets ETF by 4.6% during the fourth quarter. WBH Advisory Inc. now owns 48,651 shares of the company’s stock worth $1,867,000 after purchasing an additional 2,124 shares in the last quarter. Hassell Wealth Management LLC raised its stake in shares of SPDR Portfolio Emerging Markets ETF by 2.1% in the fourth quarter. Hassell Wealth Management LLC now owns 22,035 shares of the company’s stock valued at $849,000 after acquiring an additional 459 shares in the last quarter. Finally, Opes Wealth Management LLC raised its stake in shares of SPDR Portfolio Emerging Markets ETF by 1.9% in the fourth quarter. Opes Wealth Management LLC now owns 210,206 shares of the company’s stock valued at $8,066,000 after acquiring an additional 3,909 shares in the last quarter.

SPDR Portfolio Emerging Markets ETF Trading Up 0.8 %

Shares of NYSEARCA SPEM opened at $40.42 on Friday. The stock has a market cap of $9.60 billion, a P/E ratio of 13.05 and a beta of 0.81. The business’s fifty day simple moving average is $38.86 and its 200-day simple moving average is $39.34. SPDR Portfolio Emerging Markets ETF has a 12-month low of $35.00 and a 12-month high of $42.88.

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.