Dynamic Advisor Solutions LLC Sells 542 Shares of SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM)

Dynamic Advisor Solutions LLC cut its position in shares of SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) by 0.7% during the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 72,386 shares of the company’s stock after selling 542 shares during the quarter. Dynamic Advisor Solutions LLC’s holdings in SPDR Portfolio Emerging Markets ETF were worth $2,988,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Axiom Advisory LLC boosted its position in shares of SPDR Portfolio Emerging Markets ETF by 33.2% in the 3rd quarter. Axiom Advisory LLC now owns 24,362 shares of the company’s stock worth $934,000 after purchasing an additional 6,074 shares in the last quarter. Marathon Strategic Advisors LLC boosted its holdings in SPDR Portfolio Emerging Markets ETF by 8.4% in the third quarter. Marathon Strategic Advisors LLC now owns 219,976 shares of the company’s stock worth $9,081,000 after acquiring an additional 17,132 shares in the last quarter. Richard P Slaughter Associates Inc increased its holdings in shares of SPDR Portfolio Emerging Markets ETF by 14.9% during the third quarter. Richard P Slaughter Associates Inc now owns 23,946 shares of the company’s stock valued at $988,000 after acquiring an additional 3,113 shares in the last quarter. KWB Wealth raised its position in shares of SPDR Portfolio Emerging Markets ETF by 24.5% in the 3rd quarter. KWB Wealth now owns 539,764 shares of the company’s stock worth $20,333,000 after purchasing an additional 106,258 shares during the last quarter. Finally, Boston Standard Wealth Management LLC boosted its stake in SPDR Portfolio Emerging Markets ETF by 2.1% in the 3rd quarter. Boston Standard Wealth Management LLC now owns 73,035 shares of the company’s stock worth $3,015,000 after purchasing an additional 1,528 shares in the last quarter.

SPDR Portfolio Emerging Markets ETF Stock Performance

Shares of SPEM stock opened at $41.25 on Thursday. The company has a market capitalization of $9.79 billion, a price-to-earnings ratio of 13.05 and a beta of 0.81. SPDR Portfolio Emerging Markets ETF has a one year low of $32.06 and a one year high of $42.88. The company’s 50-day moving average is $38.86 and its 200 day moving average is $37.94.

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.