Advisory Services Network LLC Has $827,000 Stock Holdings in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM)

Advisory Services Network LLC reduced its position in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) by 16.4% in the 4th quarter, HoldingsChannel reports. The firm owned 21,552 shares of the company’s stock after selling 4,241 shares during the period. Advisory Services Network LLC’s holdings in SPDR Portfolio Emerging Markets ETF were worth $827,000 as of its most recent filing with the SEC.

Other hedge funds have also bought and sold shares of the company. Headlands Technologies LLC bought a new stake in SPDR Portfolio Emerging Markets ETF in the fourth quarter valued at approximately $26,000. IMG Wealth Management Inc. acquired a new position in shares of SPDR Portfolio Emerging Markets ETF during the 4th quarter worth approximately $27,000. Compass Planning Associates Inc acquired a new position in shares of SPDR Portfolio Emerging Markets ETF during the 4th quarter worth approximately $28,000. Strategic Wealth Investment Group LLC bought a new stake in SPDR Portfolio Emerging Markets ETF in the 4th quarter valued at $46,000. Finally, Bernard Wealth Management Corp. acquired a new stake in SPDR Portfolio Emerging Markets ETF during the 4th quarter valued at $50,000.

SPDR Portfolio Emerging Markets ETF Price Performance

NYSEARCA:SPEM opened at $37.81 on Tuesday. The company has a market cap of $10.00 billion, a P/E ratio of 14.84 and a beta of 0.67. The firm’s fifty day moving average price is $39.11 and its two-hundred day moving average price is $39.48. SPDR Portfolio Emerging Markets ETF has a one year low of $34.38 and a one 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.