SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) Shares Sold by Cobblestone Asset Management LLC

Cobblestone Asset Management LLC lowered its position in shares of SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) by 1.2% in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 49,072 shares of the company’s stock after selling 583 shares during the quarter. SPDR Portfolio Emerging Markets ETF accounts for 1.2% of Cobblestone Asset Management LLC’s investment portfolio, making the stock its 22nd largest holding. Cobblestone Asset Management LLC’s holdings in SPDR Portfolio Emerging Markets ETF were worth $1,883,000 at the end of the most recent reporting period.

Several other hedge funds also recently made changes to their positions in SPEM. LPL Financial LLC increased its stake in SPDR Portfolio Emerging Markets ETF by 5.2% in the 3rd 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 in the last quarter. Allworth Financial LP raised its stake in shares of SPDR Portfolio Emerging Markets ETF by 1.1% during the 3rd 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 last quarter. State Street Corp grew its stake in SPDR Portfolio Emerging Markets ETF by 10.4% in the 3rd quarter. State Street Corp now owns 6,290,419 shares of the company’s stock valued at $259,668,000 after acquiring an additional 591,019 shares during the last quarter. Assetmark Inc. increased its holdings 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 acquiring an additional 204,960 shares in the last quarter. Finally, Townsquare Capital LLC raised its position in SPDR Portfolio Emerging Markets ETF by 6.5% during the third quarter. Townsquare Capital LLC now owns 2,154,446 shares of the company’s stock worth $88,936,000 after acquiring an additional 132,008 shares during the last quarter.

SPDR Portfolio Emerging Markets ETF Price Performance

SPEM stock opened at $38.92 on Monday. SPDR Portfolio Emerging Markets ETF has a 12 month low of $33.94 and a 12 month high of $42.88. The firm has a market capitalization of $9.24 billion, a PE ratio of 13.05 and a beta of 0.81. The company’s 50 day simple moving average is $39.01 and its 200-day simple moving average is $39.18.

SPDR Portfolio Emerging Markets ETF 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.