Csenge Advisory Group Has $308,000 Position in SPDR Portfolio Emerging Markets ETF $SPEM

Csenge Advisory Group lessened its holdings in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) by 89.0% in the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 6,575 shares of the company’s stock after selling 52,930 shares during the period. Csenge Advisory Group’s holdings in SPDR Portfolio Emerging Markets ETF were worth $308,000 at the end of the most recent quarter.

A number of other institutional investors also recently added to or reduced their stakes in the stock. First Horizon Corp acquired a new position in shares of SPDR Portfolio Emerging Markets ETF in the 3rd quarter worth approximately $29,000. Sachetta LLC boosted its stake in SPDR Portfolio Emerging Markets ETF by 2,263.9% in the 2nd quarter. Sachetta LLC now owns 851 shares of the company’s stock valued at $36,000 after buying an additional 815 shares in the last quarter. Stone House Investment Management LLC bought a new stake in SPDR Portfolio Emerging Markets ETF in the third quarter valued at $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. lifted its holdings in shares of 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 acquiring an additional 1,035 shares during the period.

SPDR Portfolio Emerging Markets ETF Stock Performance

Shares of NYSEARCA:SPEM opened at $48.29 on Wednesday. The company’s fifty day moving average is $47.25 and its 200-day moving average is $46.08. SPDR Portfolio Emerging Markets ETF has a 52 week low of $34.38 and a 52 week high of $49.19. The company has a market capitalization of $15.97 billion, a PE ratio of 15.39 and a beta of 0.56.

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.