Quent Capital LLC Sells 3,093 Shares of SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM)

Quent Capital LLC reduced its stake in shares of SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) by 4.8% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 61,525 shares of the company’s stock after selling 3,093 shares during the quarter. Quent Capital LLC’s holdings in SPDR Portfolio Emerging Markets ETF were worth $2,361,000 as of its most recent SEC filing.

Other hedge funds also recently modified their holdings of the company. State Street Corp lifted its stake in SPDR Portfolio Emerging Markets ETF by 10.4% during the third quarter. State Street Corp now owns 6,290,419 shares of the company’s stock worth $259,668,000 after purchasing an additional 591,019 shares during the last quarter. LPL Financial LLC lifted its position in shares of SPDR Portfolio Emerging Markets ETF by 5.2% during the 3rd quarter. LPL Financial LLC now owns 9,644,278 shares of the company’s stock worth $398,116,000 after buying an additional 476,292 shares during the last quarter. Tidal Investments LLC acquired a new stake in SPDR Portfolio Emerging Markets ETF in the third quarter valued at about $13,246,000. Onyx Bridge Wealth Group LLC grew its position in SPDR Portfolio Emerging Markets ETF by 694.6% in the fourth quarter. Onyx Bridge Wealth Group LLC now owns 264,312 shares of the company’s stock valued at $10,142,000 after acquiring an additional 231,050 shares during the last quarter. Finally, Assetmark Inc. raised its stake in SPDR Portfolio Emerging Markets ETF by 10.2% during the third quarter. Assetmark Inc. now owns 2,212,515 shares of the company’s stock worth $91,333,000 after acquiring an additional 204,960 shares in the last quarter.

SPDR Portfolio Emerging Markets ETF Trading Down 0.5 %

SPEM stock opened at $39.39 on Wednesday. The firm has a 50-day moving average price of $38.91 and a 200-day moving average price of $39.23. SPDR Portfolio Emerging Markets ETF has a 12 month low of $34.30 and a 12 month high of $42.88. The stock has a market capitalization of $9.35 billion, a P/E ratio of 13.05 and a beta of 0.81.

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.