Steward Partners Investment Advisory LLC Sells 2,017 Shares of SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM)

Steward Partners Investment Advisory LLC lowered its position in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) by 7.4% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 25,260 shares of the company’s stock after selling 2,017 shares during the period. Steward Partners Investment Advisory LLC’s holdings in SPDR Portfolio Emerging Markets ETF were worth $969,000 as of its most recent SEC filing.

Other large investors have also made changes to their positions in the company. Compass Planning Associates Inc bought a new stake in shares of SPDR Portfolio Emerging Markets ETF in the 4th quarter valued at $28,000. Archer Investment Corp bought a new stake in shares of SPDR Portfolio Emerging Markets ETF in the 3rd quarter valued at $39,000. Strategic Wealth Investment Group LLC bought a new stake in shares of SPDR Portfolio Emerging Markets ETF in the 4th quarter valued at $46,000. SBI Securities Co. Ltd. bought a new stake in shares of SPDR Portfolio Emerging Markets ETF in the 4th quarter valued at $64,000. Finally, Blue Trust Inc. increased its position in shares of SPDR Portfolio Emerging Markets ETF by 474.2% in the 4th quarter. Blue Trust Inc. now owns 2,274 shares of the company’s stock valued at $94,000 after buying an additional 1,878 shares in the last quarter.

SPDR Portfolio Emerging Markets ETF Stock Down 2.3 %

SPEM opened at $39.05 on Tuesday. The company has a fifty day simple moving average of $38.94 and a 200 day simple moving average of $39.51. The stock has a market cap of $10.20 billion, a P/E ratio of 14.32 and a beta of 0.66. SPDR Portfolio Emerging Markets ETF has a 12 month low of $35.00 and a 12 month high of $42.88.

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.