Ballast Advisors LLC Sells 345 Shares of SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM)

Ballast Advisors LLC lessened its position in shares of SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) by 20.8% in the fourth quarter, HoldingsChannel.com reports. The fund owned 1,312 shares of the company’s stock after selling 345 shares during the period. Ballast Advisors LLC’s holdings in SPDR Portfolio Emerging Markets ETF were worth $50,000 at the end of the most recent reporting period.

Several other large investors have also made changes to their positions in SPEM. Lowe Brockenbrough & Co. Inc. raised its position in SPDR Portfolio Emerging Markets ETF by 18.6% during the fourth quarter. Lowe Brockenbrough & Co. Inc. now owns 45,949 shares of the company’s stock valued at $1,763,000 after purchasing an additional 7,199 shares in the last quarter. OLD Point Trust & Financial Services N A acquired a new position in shares of SPDR Portfolio Emerging Markets ETF during the 4th quarter worth $67,000. Grey Fox Wealth Advisors LLC lifted its position in shares of SPDR Portfolio Emerging Markets ETF by 3.7% during the 4th quarter. Grey Fox Wealth Advisors LLC now owns 168,865 shares of the company’s stock worth $6,479,000 after buying an additional 5,953 shares during the last quarter. Koss Olinger Consulting LLC boosted its stake in SPDR Portfolio Emerging Markets ETF by 4.4% in the fourth quarter. Koss Olinger Consulting LLC now owns 855,516 shares of the company’s stock valued at $32,826,000 after buying an additional 36,407 shares in the last quarter. Finally, Brooklyn FI LLC grew its position in SPDR Portfolio Emerging Markets ETF by 6,305.1% in the fourth quarter. Brooklyn FI LLC now owns 6,194,793 shares of the company’s stock valued at $249,018,000 after acquiring an additional 6,098,077 shares during the last quarter.

SPDR Portfolio Emerging Markets ETF Trading Down 0.9 %

Shares of NYSEARCA SPEM opened at $40.20 on Friday. The company has a market cap of $10.63 billion, a price-to-earnings ratio of 14.80 and a beta of 0.67. SPDR Portfolio Emerging Markets ETF has a 12 month low of $35.00 and a 12 month high of $42.88. The stock has a 50-day moving average price of $39.22 and a two-hundred day moving average price of $39.58.

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.