McKinley Carter Wealth Services Inc. Cuts Stake in SPDR Portfolio Emerging Markets ETF $SPEM

McKinley Carter Wealth Services Inc. reduced its stake in shares of SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) by 23.8% during the 4th quarter, HoldingsChannel reports. The fund owned 54,382 shares of the company’s stock after selling 16,997 shares during the period. McKinley Carter Wealth Services Inc.’s holdings in SPDR Portfolio Emerging Markets ETF were worth $2,546,000 at the end of the most recent quarter.

Other large investors have also modified their holdings of the company. River Street Advisors LLC increased its position in SPDR Portfolio Emerging Markets ETF by 1.8% during the 4th quarter. River Street Advisors LLC now owns 12,122 shares of the company’s stock worth $567,000 after purchasing an additional 209 shares in the last quarter. Ritholtz Wealth Management increased its position in SPDR Portfolio Emerging Markets ETF by 1.1% during the 3rd quarter. Ritholtz Wealth Management now owns 19,379 shares of the company’s stock worth $907,000 after purchasing an additional 210 shares in the last quarter. Kraft Davis & Associates LLC increased its position in SPDR Portfolio Emerging Markets ETF by 4.5% during the 4th quarter. Kraft Davis & Associates LLC now owns 4,934 shares of the company’s stock worth $240,000 after purchasing an additional 213 shares in the last quarter. Captrust Financial Advisors increased its position in SPDR Portfolio Emerging Markets ETF by 0.7% during the 3rd quarter. Captrust Financial Advisors now owns 32,698 shares of the company’s stock worth $1,531,000 after purchasing an additional 222 shares in the last quarter. Finally, Greystone Financial Group LLC increased its position in SPDR Portfolio Emerging Markets ETF by 1.8% during the 4th quarter. Greystone Financial Group LLC now owns 13,691 shares of the company’s stock worth $641,000 after purchasing an additional 237 shares in the last quarter.

SPDR Portfolio Emerging Markets ETF Stock Performance

SPEM opened at $50.93 on Tuesday. The firm has a 50 day moving average price of $49.13 and a 200 day moving average price of $48.53. The company has a market cap of $17.46 billion, a PE ratio of 15.39 and a beta of 0.60. SPDR Portfolio Emerging Markets ETF has a 1 year low of $40.67 and a 1 year high of $53.03.

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.