SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) Stake Reduced by Dynamic Advisor Solutions LLC

Dynamic Advisor Solutions LLC trimmed its stake in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) by 40.8% during the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 42,839 shares of the company’s stock after selling 29,547 shares during the quarter. Dynamic Advisor Solutions LLC’s holdings in SPDR Portfolio Emerging Markets ETF were worth $1,644,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors also recently modified their holdings of the company. Stifel Financial Corp boosted its stake in SPDR Portfolio Emerging Markets ETF by 6.7% during the 3rd quarter. Stifel Financial Corp now owns 64,565 shares of the company’s stock valued at $2,665,000 after purchasing an additional 4,049 shares during the period. Second Line Capital LLC increased its position in SPDR Portfolio Emerging Markets ETF by 4.5% in the 2nd quarter. Second Line Capital LLC now owns 203,959 shares of the company’s stock valued at $7,683,000 after acquiring an additional 8,783 shares during the period. SPC Financial Inc. raised its stake in SPDR Portfolio Emerging Markets ETF by 5.1% during the 2nd quarter. SPC Financial Inc. now owns 79,752 shares of the company’s stock valued at $3,004,000 after acquiring an additional 3,889 shares in the last quarter. Advisory Resource Group boosted its position in SPDR Portfolio Emerging Markets ETF by 5.4% during the 3rd quarter. Advisory Resource Group now owns 60,213 shares of the company’s stock worth $2,486,000 after acquiring an additional 3,068 shares during the period. Finally, JPMorgan Chase & Co. grew its stake in shares of SPDR Portfolio Emerging Markets ETF by 3.1% in the third quarter. JPMorgan Chase & Co. now owns 637,654 shares of the company’s stock worth $26,322,000 after purchasing an additional 19,370 shares in the last quarter.

SPDR Portfolio Emerging Markets ETF Stock Up 0.5 %

Shares of NYSEARCA SPEM opened at $38.92 on Friday. The stock has a market cap of $9.24 billion, a P/E ratio of 13.05 and a beta of 0.81. The firm’s 50-day simple moving average is $39.01 and its 200 day simple moving average is $39.18. SPDR Portfolio Emerging Markets ETF has a fifty-two week low of $33.94 and a fifty-two week high of $42.88.

About SPDR Portfolio Emerging Markets ETF

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.