Balboa Wealth Partners Sells 4,567 Shares of SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM)

Balboa Wealth Partners lowered its position in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) by 12.5% in the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 32,054 shares of the company’s stock after selling 4,567 shares during the period. Balboa Wealth Partners’ holdings in SPDR Portfolio Emerging Markets ETF were worth $1,230,000 at the end of the most recent quarter.

Other hedge funds have also bought and sold shares of the company. Raymond James Financial Inc. bought a new position in shares of SPDR Portfolio Emerging Markets ETF during the 4th quarter valued at about $76,342,000. BlueStem Wealth Partners LLC bought a new position in shares of SPDR Portfolio Emerging Markets ETF during the 4th quarter valued at about $38,051,000. Bank of New York Mellon Corp boosted its holdings in shares of SPDR Portfolio Emerging Markets ETF by 37.9% during the 4th quarter. Bank of New York Mellon Corp now owns 2,694,747 shares of the company’s stock valued at $103,397,000 after purchasing an additional 740,980 shares during the last quarter. State Street Corp boosted its holdings in shares of 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 purchasing an additional 591,019 shares during the last quarter. Finally, Wealthfront Advisers LLC bought a new position in shares of SPDR Portfolio Emerging Markets ETF during the 4th quarter valued at about $19,872,000.

SPDR Portfolio Emerging Markets ETF Stock Up 0.5 %

SPEM opened at $39.50 on Thursday. The firm has a 50-day simple moving average of $38.98 and a two-hundred day simple moving average of $39.52. SPDR Portfolio Emerging Markets ETF has a 52 week low of $35.00 and a 52 week high of $42.88. The company has a market capitalization of $10.44 billion, a PE ratio of 14.80 and a beta of 0.67.

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.