Kelly Financial Services LLC Sells 19,167 Shares of SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM)

Kelly Financial Services LLC lessened its stake in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) by 49.9% in the fourth quarter, HoldingsChannel reports. The fund owned 19,209 shares of the company’s stock after selling 19,167 shares during the period. Kelly Financial Services LLC’s holdings in SPDR Portfolio Emerging Markets ETF were worth $737,000 at the end of the most recent quarter.

Several other institutional investors also recently bought and sold shares of the stock. LPL Financial LLC lifted its position in SPDR Portfolio Emerging Markets ETF by 5.2% in the third quarter. LPL Financial LLC now owns 9,644,278 shares of the company’s stock valued at $398,116,000 after purchasing an additional 476,292 shares during the last quarter. Allworth Financial LP increased its stake in shares of SPDR Portfolio Emerging Markets ETF by 1.1% in the third quarter. Allworth Financial LP now owns 6,297,465 shares of the company’s stock worth $259,959,000 after buying an additional 67,205 shares during the period. State Street Corp raised its holdings in SPDR Portfolio Emerging Markets ETF by 10.4% during the 3rd quarter. State Street Corp now owns 6,290,419 shares of the company’s stock valued at $259,668,000 after buying an additional 591,019 shares during the last quarter. Assetmark Inc. boosted its position in SPDR Portfolio Emerging Markets ETF by 10.2% during the 3rd quarter. Assetmark Inc. now owns 2,212,515 shares of the company’s stock valued at $91,333,000 after buying an additional 204,960 shares during the period. Finally, Townsquare Capital LLC boosted its position in SPDR Portfolio Emerging Markets ETF by 6.5% during the 3rd quarter. Townsquare Capital LLC now owns 2,154,446 shares of the company’s stock valued at $88,936,000 after buying an additional 132,008 shares during the period.

SPDR Portfolio Emerging Markets ETF Trading Up 0.9 %

SPEM stock opened at $38.26 on Friday. The stock has a market capitalization of $9.08 billion, a price-to-earnings ratio of 13.05 and a beta of 0.81. The firm’s 50-day moving average price is $39.09 and its two-hundred day moving average price is $39.17. SPDR Portfolio Emerging Markets ETF has a 12-month low of $33.72 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.