Sanctuary Advisors LLC Lowers Holdings in SPDR Portfolio Emerging Markets ETF $SPEM

Sanctuary Advisors LLC trimmed its position in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) by 32.6% in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 142,262 shares of the company’s stock after selling 68,964 shares during the period. Sanctuary Advisors LLC’s holdings in SPDR Portfolio Emerging Markets ETF were worth $6,674,000 at the end of the most recent reporting period.

Other hedge funds have also recently made changes to their positions in the company. Charles Schwab Investment Management Inc. raised its position in shares of SPDR Portfolio Emerging Markets ETF by 20.1% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 15,874,429 shares of the company’s stock worth $743,082,000 after buying an additional 2,653,013 shares in the last quarter. LPL Financial LLC boosted its stake in SPDR Portfolio Emerging Markets ETF by 12.7% during the fourth quarter. LPL Financial LLC now owns 15,587,049 shares of the company’s stock valued at $729,630,000 after buying an additional 1,758,866 shares during the period. Allworth Financial LP grew its position in SPDR Portfolio Emerging Markets ETF by 1.0% during the fourth quarter. Allworth Financial LP now owns 9,355,461 shares of the company’s stock worth $437,929,000 after buying an additional 94,029 shares in the last quarter. Morgan Stanley grew its position in SPDR Portfolio Emerging Markets ETF by 9.8% during the fourth quarter. Morgan Stanley now owns 6,997,855 shares of the company’s stock worth $327,570,000 after buying an additional 622,595 shares in the last quarter. Finally, Ameriprise Financial Inc. grew its position in SPDR Portfolio Emerging Markets ETF by 5.5% during the second quarter. Ameriprise Financial Inc. now owns 5,339,952 shares of the company’s stock worth $228,232,000 after buying an additional 279,126 shares in the last quarter.

SPDR Portfolio Emerging Markets ETF Stock Down 1.6%

Shares of NYSEARCA SPEM opened at $50.19 on Friday. The stock’s 50-day simple moving average is $51.71 and its two-hundred day simple moving average is $49.96. SPDR Portfolio Emerging Markets ETF has a twelve month low of $42.66 and a twelve month high of $53.54. The firm has a market capitalization of $16.99 billion, a P/E ratio of 15.39 and a beta of 0.60.

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.