Stadion Money Management LLC Decreases Holdings in SPDR Portfolio Emerging Markets ETF $SPEM

Stadion Money Management LLC lessened its holdings in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) by 2.8% during the first quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 990,406 shares of the company’s stock after selling 28,218 shares during the quarter. SPDR Portfolio Emerging Markets ETF accounts for approximately 4.7% of Stadion Money Management LLC’s investment portfolio, making the stock its 4th biggest position. Stadion Money Management LLC’s holdings in SPDR Portfolio Emerging Markets ETF were worth $46,460,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently modified their holdings of the company. First Command Advisory Services Inc. bought a new stake in shares of SPDR Portfolio Emerging Markets ETF during the 4th quarter worth $26,000. Ascentis Independent Advisors bought a new position in SPDR Portfolio Emerging Markets ETF in the first quarter valued at about $27,000. Safe Harbor Fiduciary LLC acquired a new position in SPDR Portfolio Emerging Markets ETF during the fourth quarter worth about $32,000. Front Row Advisors LLC raised its stake in SPDR Portfolio Emerging Markets ETF by 147.9% during the third quarter. Front Row Advisors LLC now owns 771 shares of the company’s stock worth $36,000 after acquiring an additional 460 shares in the last quarter. Finally, IFC & Insurance Marketing Inc. bought a new position in shares of SPDR Portfolio Emerging Markets ETF in the fourth quarter worth about $37,000.

SPDR Portfolio Emerging Markets ETF Trading Down 0.6%

SPEM opened at $50.16 on Friday. The company’s 50 day moving average is $51.58 and its 200-day moving average is $50.09. SPDR Portfolio Emerging Markets ETF has a 1-year low of $42.66 and a 1-year high of $53.54. The company has a market cap of $16.98 billion, a P/E ratio of 15.39 and a beta of 0.60.

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.