SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) Stock Position Decreased by Thrivent Financial for Lutherans

Thrivent Financial for Lutherans lowered its holdings in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) by 2.8% during the fourth quarter, HoldingsChannel.com reports. The fund owned 574,200 shares of the company’s stock after selling 16,749 shares during the period. Thrivent Financial for Lutherans’ holdings in SPDR Portfolio Emerging Markets ETF were worth $23,070,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Raymond James Financial Inc. acquired a new position in shares of SPDR Portfolio Emerging Markets ETF during the fourth quarter valued at $76,342,000. BlueStem Wealth Partners LLC acquired a new position in SPDR Portfolio Emerging Markets ETF during the 4th quarter valued at about $38,051,000. Bank of New York Mellon Corp boosted its stake in SPDR Portfolio Emerging Markets ETF by 37.9% during the 4th quarter. Bank of New York Mellon Corp now owns 2,694,747 shares of the company’s stock valued at $103,397,000 after purchasing an additional 740,980 shares during the period. State Street Corp grew its position in SPDR Portfolio Emerging Markets ETF by 10.4% in the 3rd quarter. State Street Corp now owns 6,290,419 shares of the company’s stock worth $259,668,000 after purchasing an additional 591,019 shares during the last quarter. Finally, Wealthfront Advisers LLC acquired a new stake in shares of SPDR Portfolio Emerging Markets ETF in the fourth quarter valued at approximately $19,872,000.

SPDR Portfolio Emerging Markets ETF Trading Down 0.9 %

Shares of NYSEARCA SPEM opened at $40.20 on Friday. SPDR Portfolio Emerging Markets ETF has a 12-month low of $35.00 and a 12-month high of $42.88. The company has a market cap of $10.63 billion, a PE ratio of 14.80 and a beta of 0.67. The stock has a 50 day simple moving average of $39.22 and a 200-day simple moving average of $39.58.

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.