Creative Planning Sells 604,497 Shares of SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM)

Creative Planning trimmed its stake in shares of SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) by 2.6% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 22,995,882 shares of the company’s stock after selling 604,497 shares during the quarter. SPDR Portfolio Emerging Markets ETF comprises approximately 0.9% of Creative Planning’s investment portfolio, making the stock its 25th biggest position. Creative Planning owned about 9.69% of SPDR Portfolio Emerging Markets ETF worth $949,270,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Kathleen S. Wright Associates Inc. boosted its stake in SPDR Portfolio Emerging Markets ETF by 6.4% in the 3rd quarter. Kathleen S. Wright Associates Inc. now owns 52,474 shares of the company’s stock valued at $2,166,000 after purchasing an additional 3,154 shares during the period. Fiduciary Alliance LLC lifted its holdings in shares of SPDR Portfolio Emerging Markets ETF by 8.5% during the third quarter. Fiduciary Alliance LLC now owns 144,615 shares of the company’s stock worth $5,970,000 after buying an additional 11,362 shares in the last quarter. Boston Mountain Money Management Inc. boosted its position in shares of SPDR Portfolio Emerging Markets ETF by 0.5% in the third quarter. Boston Mountain Money Management Inc. now owns 79,282 shares of the company’s stock valued at $3,273,000 after acquiring an additional 376 shares during the period. ORG Wealth Partners LLC acquired a new position in shares of SPDR Portfolio Emerging Markets ETF in the third quarter valued at about $250,000. Finally, Affiance Financial LLC increased its position in SPDR Portfolio Emerging Markets ETF by 7.0% during the third quarter. Affiance Financial LLC now owns 146,663 shares of the company’s stock worth $6,054,000 after acquiring an additional 9,563 shares during the period.

SPDR Portfolio Emerging Markets ETF Stock Up 1.2 %

Shares of SPDR Portfolio Emerging Markets ETF stock opened at $41.25 on Friday. The stock 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 twelve month low of $32.06 and a twelve month high of $42.88. The company has a 50-day simple moving average of $39.52 and a two-hundred day simple moving average of $38.19.

SPDR Portfolio Emerging Markets ETF Company 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.