Larson Financial Group LLC Cuts Stock Position in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM)

Larson Financial Group LLC lessened its stake in shares of SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) by 7.9% in the 4th quarter, Holdings Channel.com reports. The firm owned 59,504 shares of the company’s stock after selling 5,097 shares during the quarter. Larson Financial Group LLC’s holdings in SPDR Portfolio Emerging Markets ETF were worth $2,283,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors have also modified their holdings of the company. Rovin Capital UT ADV raised its position in SPDR Portfolio Emerging Markets ETF by 100.5% in the third quarter. Rovin Capital UT ADV now owns 13,211 shares of the company’s stock worth $545,000 after acquiring an additional 6,623 shares in the last quarter. Assetmark Inc. raised its position in SPDR Portfolio Emerging Markets ETF by 10.2% in the third quarter. Assetmark Inc. now owns 2,212,515 shares of the company’s stock worth $91,333,000 after acquiring an additional 204,960 shares in the last quarter. Klingman & Associates LLC purchased a new position in SPDR Portfolio Emerging Markets ETF in the third quarter worth $772,000. Axxcess Wealth Management LLC raised its position in SPDR Portfolio Emerging Markets ETF by 4.7% in the third quarter. Axxcess Wealth Management LLC now owns 558,654 shares of the company’s stock worth $23,061,000 after acquiring an additional 25,057 shares in the last quarter. Finally, Proffitt & Goodson Inc. raised its position in SPDR Portfolio Emerging Markets ETF by 6.5% in the third quarter. Proffitt & Goodson Inc. now owns 108,206 shares of the company’s stock worth $4,467,000 after acquiring an additional 6,605 shares in the last quarter.

SPDR Portfolio Emerging Markets ETF Stock Performance

NYSEARCA:SPEM opened at $39.95 on Friday. The stock has a fifty day moving average price of $38.93 and a two-hundred day moving average price of $39.50. The stock has a market capitalization of $10.43 billion, a price-to-earnings ratio of 14.32 and a beta of 0.66. SPDR Portfolio Emerging Markets ETF has a 1 year low of $35.00 and a 1 year high of $42.88.

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.