Savant Capital LLC Reduces Holdings in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM)

Savant Capital LLC lowered its position in shares of SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) by 6.0% during the fourth quarter, HoldingsChannel reports. The firm owned 152,096 shares of the company’s stock after selling 9,693 shares during the period. Savant Capital LLC’s holdings in SPDR Portfolio Emerging Markets ETF were worth $5,836,000 as of its most recent SEC filing.

A number of other hedge funds also recently made changes to their positions in the company. Affiance Financial LLC increased its stake in shares of SPDR Portfolio Emerging Markets ETF by 7.0% in the third quarter. Affiance Financial LLC now owns 146,663 shares of the company’s stock worth $6,054,000 after buying an additional 9,563 shares during the last quarter. ORG Wealth Partners LLC bought a new stake in shares of SPDR Portfolio Emerging Markets ETF in the third quarter worth $250,000. Boston Mountain Money Management Inc. increased its stake in shares of SPDR Portfolio Emerging Markets ETF by 0.5% in the third quarter. Boston Mountain Money Management Inc. now owns 79,282 shares of the company’s stock worth $3,273,000 after buying an additional 376 shares during the last quarter. Fiduciary Alliance LLC increased its stake in shares of SPDR Portfolio Emerging Markets ETF by 8.5% in the third quarter. Fiduciary Alliance LLC now owns 144,615 shares of the company’s stock worth $5,970,000 after buying an additional 11,362 shares during the last quarter. Finally, Kathleen S. Wright Associates Inc. increased its stake in shares of SPDR Portfolio Emerging Markets ETF by 6.4% in the third quarter. Kathleen S. Wright Associates Inc. now owns 52,474 shares of the company’s stock worth $2,166,000 after buying an additional 3,154 shares during the last quarter.

SPDR Portfolio Emerging Markets ETF Trading Up 1.1 %

Shares of NYSEARCA:SPEM opened at $39.60 on Tuesday. The company has a fifty day simple moving average of $38.91 and a 200 day simple moving average of $39.21. The firm has a market cap of $9.40 billion, a PE ratio of 13.05 and a beta of 0.81. SPDR Portfolio Emerging Markets ETF has a 12-month low of $34.30 and a 12-month 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.