Alliance Wealth Management Group Sells 2,467 Shares of SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM)

Alliance Wealth Management Group cut its stake in shares of SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) by 2.5% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 97,042 shares of the company’s stock after selling 2,467 shares during the period. SPDR Portfolio Emerging Markets ETF comprises approximately 1.0% of Alliance Wealth Management Group’s investment portfolio, making the stock its 29th largest holding. Alliance Wealth Management Group’s holdings in SPDR Portfolio Emerging Markets ETF were worth $4,006,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also recently bought and sold shares of the company. Envestnet Asset Management Inc. lifted its position in shares of SPDR Portfolio Emerging Markets ETF by 6.9% during the second quarter. Envestnet Asset Management Inc. now owns 4,995,049 shares of the company’s stock valued at $188,164,000 after purchasing an additional 323,995 shares in the last quarter. Forbes Financial Planning Inc. lifted its position in shares of SPDR Portfolio Emerging Markets ETF by 104.7% during the 2nd quarter. Forbes Financial Planning Inc. now owns 67,199 shares of the company’s stock worth $2,531,000 after buying an additional 34,371 shares in the last quarter. Raymond James & Associates boosted its stake in shares of SPDR Portfolio Emerging Markets ETF by 9.1% in the 2nd quarter. Raymond James & Associates now owns 237,873 shares of the company’s stock worth $8,961,000 after buying an additional 19,939 shares during the last quarter. Second Line Capital LLC grew its holdings in shares of SPDR Portfolio Emerging Markets ETF by 4.5% in the second 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 in the last quarter. Finally, SPC Financial Inc. increased its position in shares of SPDR Portfolio Emerging Markets ETF by 5.1% during the second 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 during the last quarter.

SPDR Portfolio Emerging Markets ETF Trading Down 0.1 %

Shares of SPDR Portfolio Emerging Markets ETF stock opened at $39.29 on Monday. The firm has a market capitalization of $9.33 billion, a P/E ratio of 13.05 and a beta of 0.81. The business’s fifty day simple moving average is $40.49 and its 200 day simple moving average is $38.87. SPDR Portfolio Emerging Markets ETF has a 12 month low of $33.52 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.