Flagship Private Wealth LLC Trims Stake in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM)

Flagship Private Wealth LLC lessened its holdings in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) by 17.8% during the third quarter, according to its most recent disclosure with the SEC. The institutional investor owned 5,507 shares of the company’s stock after selling 1,195 shares during the period. Flagship Private Wealth LLC’s holdings in SPDR Portfolio Emerging Markets ETF were worth $227,000 as of its most recent SEC filing.

Several other large investors also recently added to or reduced their stakes in SPEM. Austin Private Wealth LLC grew its holdings in shares of SPDR Portfolio Emerging Markets ETF by 18.9% during the third quarter. Austin Private Wealth LLC now owns 82,635 shares of the company’s stock worth $3,411,000 after purchasing an additional 13,136 shares in the last quarter. Catalyst Private Wealth LLC lifted its holdings in shares of SPDR Portfolio Emerging Markets ETF by 10.1% during the 3rd quarter. Catalyst Private Wealth LLC now owns 15,193 shares of the company’s stock worth $627,000 after acquiring an additional 1,395 shares during the last quarter. Landmark Wealth Management LLC grew its position in SPDR Portfolio Emerging Markets ETF by 5.3% in the third quarter. Landmark Wealth Management LLC now owns 7,704 shares of the company’s stock worth $318,000 after acquiring an additional 391 shares in the last quarter. Chaney Capital Management Inc. increased its stake in SPDR Portfolio Emerging Markets ETF by 85.6% in the third quarter. Chaney Capital Management Inc. now owns 324,099 shares of the company’s stock valued at $13,379,000 after acquiring an additional 149,489 shares during the last quarter. Finally, Ground Swell Capital LLC purchased a new stake in SPDR Portfolio Emerging Markets ETF during the third quarter valued at about $388,000.

SPDR Portfolio Emerging Markets ETF Price Performance

NYSEARCA:SPEM opened at $40.98 on Wednesday. SPDR Portfolio Emerging Markets ETF has a 1-year low of $33.48 and a 1-year high of $42.88. The business has a 50 day moving average of $40.06 and a 200 day moving average of $38.60. The company has a market capitalization of $9.73 billion, a price-to-earnings ratio of 13.05 and a beta of 0.81.

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.