Optas LLC Sells 12,404 Shares of SPDR Portfolio Emerging Markets ETF $SPEM

Optas LLC trimmed its holdings in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) by 12.0% in the fourth quarter, according to the company in its most recent filing with the SEC. The fund owned 90,604 shares of the company’s stock after selling 12,404 shares during the quarter. SPDR Portfolio Emerging Markets ETF accounts for about 0.7% of Optas LLC’s holdings, making the stock its 22nd biggest holding. Optas LLC’s holdings in SPDR Portfolio Emerging Markets ETF were worth $4,241,000 at the end of the most recent quarter.

A number of other hedge funds have also recently made changes to their positions in SPEM. Hantz Financial Services Inc. lifted its holdings in shares of SPDR Portfolio Emerging Markets ETF by 2,031.0% in the 3rd quarter. Hantz Financial Services Inc. now owns 618 shares of the company’s stock worth $27,000 after acquiring an additional 589 shares during the last quarter. First Horizon Corp bought a new stake in SPDR Portfolio Emerging Markets ETF during the 3rd quarter valued at $29,000. Front Row Advisors LLC raised its holdings in SPDR Portfolio Emerging Markets ETF by 147.9% during the 3rd quarter. Front Row Advisors LLC now owns 771 shares of the company’s stock valued at $36,000 after buying an additional 460 shares during the last quarter. Stone House Investment Management LLC bought a new stake in SPDR Portfolio Emerging Markets ETF during the 3rd quarter valued at $40,000. Finally, Signaturefd LLC bought a new stake in SPDR Portfolio Emerging Markets ETF during the 4th quarter valued at $40,000.

SPDR Portfolio Emerging Markets ETF Stock Down 0.5%

NYSEARCA:SPEM opened at $51.10 on Tuesday. The company has a fifty day moving average of $48.65 and a 200 day moving average of $47.99. SPDR Portfolio Emerging Markets ETF has a 52 week low of $37.46 and a 52 week high of $51.75. The firm has a market capitalization of $17.52 billion, a P/E ratio of 15.39 and a beta of 0.57.

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.