Glass Jacobson Investment Advisors llc Cuts Stake in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM)

Glass Jacobson Investment Advisors llc lessened its stake in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) by 1.4% in the 3rd quarter, Holdings Channel.com reports. The firm owned 18,815 shares of the company’s stock after selling 265 shares during the quarter. Glass Jacobson Investment Advisors llc’s holdings in SPDR Portfolio Emerging Markets ETF were worth $777,000 as of its most recent SEC filing.

Other hedge funds also recently bought and sold shares of the company. Rothschild Investment LLC purchased a new position in SPDR Portfolio Emerging Markets ETF in the second quarter worth about $27,000. Archer Investment Corp purchased a new stake in shares of SPDR Portfolio Emerging Markets ETF during the third quarter valued at approximately $39,000. Hershey Financial Advisers LLC bought a new stake in shares of SPDR Portfolio Emerging Markets ETF during the second quarter valued at approximately $49,000. Strategic Financial Concepts LLC raised its holdings in SPDR Portfolio Emerging Markets ETF by 649.3% in the 2nd quarter. Strategic Financial Concepts LLC now owns 148,707 shares of the company’s stock worth $56,000 after acquiring an additional 128,861 shares during the last quarter. Finally, American National Bank lifted its position in SPDR Portfolio Emerging Markets ETF by 132.0% in the 2nd quarter. American National Bank now owns 1,793 shares of the company’s stock valued at $68,000 after acquiring an additional 1,020 shares in the last quarter.

SPDR Portfolio Emerging Markets ETF Trading Down 0.1 %

SPDR Portfolio Emerging Markets ETF stock opened at $40.14 on Monday. The firm has a market cap of $9.53 billion, a price-to-earnings ratio of 13.05 and a beta of 0.81. SPDR Portfolio Emerging Markets ETF has a 12 month low of $33.52 and a 12 month high of $42.88. The stock has a fifty day simple moving average of $40.46 and a two-hundred day simple moving average of $38.97.

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.