AdvisorNet Financial Inc Sells 774 Shares of SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM)

AdvisorNet Financial Inc reduced its position in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) by 15.3% during the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 4,293 shares of the company’s stock after selling 774 shares during the period. AdvisorNet Financial Inc’s holdings in SPDR Portfolio Emerging Markets ETF were worth $155,000 at the end of the most recent quarter.

Other hedge funds have also bought and sold shares of the company. CFS Investment Advisory Services LLC lifted its stake in shares of SPDR Portfolio Emerging Markets ETF by 4.5% in the fourth quarter. CFS Investment Advisory Services LLC now owns 103,296 shares of the company’s stock valued at $3,658,000 after buying an additional 4,447 shares in the last quarter. Fiduciary Alliance LLC lifted its position in SPDR Portfolio Emerging Markets ETF by 2.0% in the 4th quarter. Fiduciary Alliance LLC now owns 117,258 shares of the company’s stock valued at $4,152,000 after acquiring an additional 2,278 shares in the last quarter. Private Advisor Group LLC lifted its position in SPDR Portfolio Emerging Markets ETF by 14.4% in the 4th quarter. Private Advisor Group LLC now owns 1,293,431 shares of the company’s stock valued at $45,800,000 after acquiring an additional 162,689 shares in the last quarter. Eudaimonia Advisors LLC boosted its stake in SPDR Portfolio Emerging Markets ETF by 2.1% during the 4th quarter. Eudaimonia Advisors LLC now owns 16,180 shares of the company’s stock valued at $573,000 after purchasing an additional 329 shares during the last quarter. Finally, Savvy Advisors Inc. bought a new stake in SPDR Portfolio Emerging Markets ETF during the 4th quarter worth approximately $597,000.

SPDR Portfolio Emerging Markets ETF Stock Down 0.2 %

Shares of SPDR Portfolio Emerging Markets ETF stock opened at $37.58 on Thursday. SPDR Portfolio Emerging Markets ETF has a 52 week low of $32.06 and a 52 week high of $38.84. The business has a 50 day moving average price of $37.52 and a 200-day moving average price of $36.08. The company has a market cap of $8.92 billion, a PE ratio of 13.05 and a beta of 0.81.

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.