Brown Financial Advisory Has $5.35 Million Stock Position in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM)

Brown Financial Advisory decreased its holdings in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) by 3.2% in the 4th quarter, HoldingsChannel reports. The firm owned 139,501 shares of the company’s stock after selling 4,651 shares during the quarter. SPDR Portfolio Emerging Markets ETF makes up 3.8% of Brown Financial Advisory’s portfolio, making the stock its 6th largest holding. Brown Financial Advisory’s holdings in SPDR Portfolio Emerging Markets ETF were worth $5,353,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently modified their holdings of SPEM. Occidental Asset Management LLC lifted its holdings in shares of SPDR Portfolio Emerging Markets ETF by 0.7% in the fourth quarter. Occidental Asset Management LLC now owns 46,414 shares of the company’s stock valued at $1,781,000 after buying an additional 312 shares during the period. Iams Wealth Management LLC lifted its holdings in shares of SPDR Portfolio Emerging Markets ETF by 1.1% in the fourth quarter. Iams Wealth Management LLC now owns 29,858 shares of the company’s stock valued at $1,146,000 after buying an additional 330 shares during the period. Hofer & Associates. Inc lifted its holdings in shares of SPDR Portfolio Emerging Markets ETF by 1.2% in the third quarter. Hofer & Associates. Inc now owns 27,976 shares of the company’s stock valued at $1,155,000 after buying an additional 332 shares during the period. City State Bank lifted its holdings in shares of SPDR Portfolio Emerging Markets ETF by 1.6% in the fourth quarter. City State Bank now owns 21,271 shares of the company’s stock valued at $816,000 after buying an additional 335 shares during the period. Finally, Carnegie Investment Counsel lifted its holdings in shares of SPDR Portfolio Emerging Markets ETF by 2.6% in the fourth quarter. Carnegie Investment Counsel now owns 13,151 shares of the company’s stock valued at $505,000 after buying an additional 335 shares during the period.

SPDR Portfolio Emerging Markets ETF Stock Down 0.8 %

Shares of SPDR Portfolio Emerging Markets ETF stock opened at $38.73 on Friday. SPDR Portfolio Emerging Markets ETF has a fifty-two week low of $33.94 and a fifty-two week high of $42.88. The firm has a market cap of $9.19 billion, a price-to-earnings ratio of 13.05 and a beta of 0.81. The business has a fifty day simple moving average of $38.94 and a 200-day simple moving average of $39.17.

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.