Retirement Income Solutions Inc Reduces Stake in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM)

Retirement Income Solutions Inc reduced its holdings in shares of SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) by 9.2% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 15,863 shares of the company’s stock after selling 1,612 shares during the quarter. Retirement Income Solutions Inc’s holdings in SPDR Portfolio Emerging Markets ETF were worth $609,000 at the end of the most recent quarter.

A number of other institutional investors also recently modified their holdings of SPEM. State Street Corp lifted its stake in shares of SPDR Portfolio Emerging Markets ETF by 10.4% during the 3rd quarter. State Street Corp now owns 6,290,419 shares of the company’s stock valued at $259,668,000 after buying an additional 591,019 shares in the last quarter. LPL Financial LLC lifted its stake in shares of SPDR Portfolio Emerging Markets ETF by 5.2% during the 3rd quarter. LPL Financial LLC now owns 9,644,278 shares of the company’s stock valued at $398,116,000 after buying an additional 476,292 shares in the last quarter. Life Planning Partners Inc lifted its stake in shares of SPDR Portfolio Emerging Markets ETF by 3,737.0% during the 4th quarter. Life Planning Partners Inc now owns 431,778 shares of the company’s stock valued at $16,567,000 after buying an additional 420,525 shares in the last quarter. Tidal Investments LLC purchased a new stake in shares of SPDR Portfolio Emerging Markets ETF during the 3rd quarter valued at approximately $13,246,000. Finally, Onyx Bridge Wealth Group LLC lifted its stake in shares of SPDR Portfolio Emerging Markets ETF by 694.6% during the 4th quarter. Onyx Bridge Wealth Group LLC now owns 264,312 shares of the company’s stock valued at $10,142,000 after buying an additional 231,050 shares in the last quarter.

SPDR Portfolio Emerging Markets ETF Trading Up 0.6 %

Shares of SPEM stock opened at $40.01 on Monday. The firm’s 50 day moving average is $38.88 and its 200 day moving average is $39.28. The stock has a market capitalization of $9.50 billion, a P/E ratio of 13.05 and a beta of 0.81. SPDR Portfolio Emerging Markets ETF has a 12 month low of $34.98 and a 12 month high of $42.88.

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.