United Asset Strategies Inc. Trims Position in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM)

United Asset Strategies Inc. lessened its stake in shares of SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) by 20.9% during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 8,891 shares of the company’s stock after selling 2,351 shares during the period. United Asset Strategies Inc.’s holdings in SPDR Portfolio Emerging Markets ETF were worth $315,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also modified their holdings of the stock. JPMorgan Chase & Co. increased its position in shares of SPDR Portfolio Emerging Markets ETF by 71.8% during the 1st quarter. JPMorgan Chase & Co. now owns 144,187 shares of the company’s stock worth $5,571,000 after purchasing an additional 60,258 shares during the last quarter. US Bancorp DE increased its position in shares of SPDR Portfolio Emerging Markets ETF by 346.8% during the 1st quarter. US Bancorp DE now owns 5,522 shares of the company’s stock worth $214,000 after purchasing an additional 4,286 shares during the last quarter. BlackRock Inc. increased its position in shares of SPDR Portfolio Emerging Markets ETF by 10.5% during the 1st quarter. BlackRock Inc. now owns 3,663 shares of the company’s stock worth $142,000 after purchasing an additional 349 shares during the last quarter. Blair William & Co. IL increased its position in shares of SPDR Portfolio Emerging Markets ETF by 50.0% during the 1st quarter. Blair William & Co. IL now owns 80,447 shares of the company’s stock worth $3,108,000 after purchasing an additional 26,817 shares during the last quarter. Finally, Empirical Financial Services LLC d.b.a. Empirical Wealth Management increased its position in shares of SPDR Portfolio Emerging Markets ETF by 13.4% during the 1st quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management now owns 14,700 shares of the company’s stock worth $568,000 after purchasing an additional 1,735 shares during the last quarter.

SPDR Portfolio Emerging Markets ETF Price Performance

NYSEARCA SPEM opened at $35.38 on Thursday. The company has a market cap of $8.40 billion, a P/E ratio of 12.11 and a beta of 0.78. The stock has a 50-day moving average of $35.86 and a two-hundred day moving average of $34.77. SPDR Portfolio Emerging Markets ETF has a 1-year low of $32.06 and a 1-year high of $37.06.

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.