SPDR Portfolio Emerging Markets ETF $SPEM Shares Sold by Cerity Partners LLC

Cerity Partners LLC lowered its stake in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) by 3.5% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 2,670,904 shares of the company’s stock after selling 95,494 shares during the quarter. Cerity Partners LLC owned about 0.92% of SPDR Portfolio Emerging Markets ETF worth $114,154,000 at the end of the most recent quarter.

Several other hedge funds also recently bought and sold shares of SPEM. Cary Street Partners Investment Advisory LLC raised its stake in shares of SPDR Portfolio Emerging Markets ETF by 12.8% in the 2nd quarter. Cary Street Partners Investment Advisory LLC now owns 13,626 shares of the company’s stock valued at $582,000 after acquiring an additional 1,551 shares during the period. Victory Financial Group LLC raised its position in SPDR Portfolio Emerging Markets ETF by 0.8% in the second quarter. Victory Financial Group LLC now owns 115,046 shares of the company’s stock valued at $4,917,000 after purchasing an additional 917 shares during the period. Gateway Wealth Partners LLC acquired a new position in SPDR Portfolio Emerging Markets ETF during the second quarter worth $203,000. M Holdings Securities Inc. lifted its stake in SPDR Portfolio Emerging Markets ETF by 41.2% during the second quarter. M Holdings Securities Inc. now owns 18,257 shares of the company’s stock worth $780,000 after purchasing an additional 5,323 shares in the last quarter. Finally, Marshall Wace LLP purchased a new position in shares of SPDR Portfolio Emerging Markets ETF during the second quarter worth $768,000.

SPDR Portfolio Emerging Markets ETF Trading Up 0.4%

SPEM stock opened at $47.16 on Friday. The business’s fifty day moving average price is $47.15 and its 200 day moving average price is $44.84. SPDR Portfolio Emerging Markets ETF has a 12-month low of $34.38 and a 12-month high of $48.56. The company has a market capitalization of $14.56 billion, a PE ratio of 15.39 and a beta of 0.56.

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.