Facet Wealth Inc. Sells 12,447 Shares of SPDR Portfolio Emerging Markets ETF $SPEM

Facet Wealth Inc. cut its holdings in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) by 3.5% in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 347,517 shares of the company’s stock after selling 12,447 shares during the quarter. Facet Wealth Inc. owned about 0.11% of SPDR Portfolio Emerging Markets ETF worth $16,267,000 at the end of the most recent quarter.

Several other large investors also recently added to or reduced their stakes in SPEM. First Horizon Corp acquired a new position in shares of SPDR Portfolio Emerging Markets ETF during the 3rd quarter worth $29,000. Sachetta LLC boosted its holdings in SPDR Portfolio Emerging Markets ETF by 2,263.9% in the second quarter. Sachetta LLC now owns 851 shares of the company’s stock worth $36,000 after purchasing an additional 815 shares in the last quarter. Stone House Investment Management LLC acquired a new position in SPDR Portfolio Emerging Markets ETF during the third quarter worth $40,000. Addison Advisors LLC acquired a new position in SPDR Portfolio Emerging Markets ETF during the second quarter worth $49,000. Finally, Blue Trust Inc. raised its holdings in SPDR Portfolio Emerging Markets ETF by 539.1% during the third quarter. Blue Trust Inc. now owns 1,227 shares of the company’s stock valued at $57,000 after buying an additional 1,035 shares in the last quarter.

SPDR Portfolio Emerging Markets ETF Stock Performance

SPEM opened at $49.24 on Friday. The company has a market cap of $16.29 billion, a PE ratio of 15.39 and a beta of 0.56. The stock has a 50-day moving average of $47.31 and a 200-day moving average of $46.12. SPDR Portfolio Emerging Markets ETF has a 52-week low of $34.38 and a 52-week high of $49.44.

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.