Paladin Advisory Group LLC Sells 275 Shares of SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM)

Paladin Advisory Group LLC cut its position in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) by 5.6% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 4,677 shares of the company’s stock after selling 275 shares during the quarter. Paladin Advisory Group LLC’s holdings in SPDR Portfolio Emerging Markets ETF were worth $179,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently made changes to their positions in SPEM. Archer Investment Corp bought a new position in shares of SPDR Portfolio Emerging Markets ETF in the third quarter worth approximately $39,000. Strategic Wealth Investment Group LLC purchased a new position in SPDR Portfolio Emerging Markets ETF in the fourth quarter worth $46,000. Blue Trust Inc. increased its stake in SPDR Portfolio Emerging Markets ETF by 474.2% in the fourth quarter. Blue Trust Inc. now owns 2,274 shares of the company’s stock valued at $94,000 after acquiring an additional 1,878 shares during the last quarter. McClarren Financial Advisors Inc. lifted its stake in SPDR Portfolio Emerging Markets ETF by 583.2% during the third quarter. McClarren Financial Advisors Inc. now owns 2,569 shares of the company’s stock worth $106,000 after purchasing an additional 2,193 shares during the last quarter. Finally, Fortitude Family Office LLC purchased a new position in shares of SPDR Portfolio Emerging Markets ETF in the 4th quarter worth about $121,000.

SPDR Portfolio Emerging Markets ETF Trading Up 0.3 %

Shares of NYSEARCA SPEM opened at $38.63 on Wednesday. The stock has a market cap of $9.17 billion, a price-to-earnings ratio of 13.05 and a beta of 0.81. The stock’s 50-day moving average is $38.97 and its 200 day moving average is $39.17. SPDR Portfolio Emerging Markets ETF has a 1-year low of $33.94 and a 1-year high of $42.88.

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.