SPDR Portfolio Emerging Markets ETF $SPEM Holdings Decreased by TIAA Trust National Association

TIAA Trust National Association reduced its stake in shares of SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) by 2.3% in the fourth quarter, Holdings Channel.com reports. The institutional investor owned 4,598,359 shares of the company’s stock after selling 109,542 shares during the period. TIAA Trust National Association’s holdings in SPDR Portfolio Emerging Markets ETF were worth $215,249,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors have also recently added to or reduced their stakes in the company. First Command Advisory Services Inc. bought a new position in SPDR Portfolio Emerging Markets ETF during the 4th quarter worth $26,000. Hantz Financial Services Inc. grew its stake in SPDR Portfolio Emerging Markets ETF by 2,031.0% during the 3rd quarter. Hantz Financial Services Inc. now owns 618 shares of the company’s stock worth $27,000 after buying an additional 589 shares during the last quarter. Front Row Advisors LLC grew its stake 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 worth $36,000 after buying an additional 460 shares during the last quarter. Signaturefd LLC bought a new position in SPDR Portfolio Emerging Markets ETF during the 4th quarter worth $40,000. Finally, International Assets Investment Management LLC bought a new position in SPDR Portfolio Emerging Markets ETF during the 4th quarter worth $40,000.

SPDR Portfolio Emerging Markets ETF Price Performance

Shares of SPEM opened at $50.88 on Tuesday. The company has a market cap of $17.44 billion, a P/E ratio of 15.39 and a beta of 0.60. The stock has a fifty day moving average price of $50.55 and a 200 day moving average price of $48.99. SPDR Portfolio Emerging Markets ETF has a 12 month low of $40.83 and a 12 month high of $53.54.

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.