Keener Financial Planning LLC Reduces Position in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM)

Keener Financial Planning LLC trimmed its holdings in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) by 9.5% during the 4th quarter, HoldingsChannel reports. The institutional investor owned 11,933 shares of the company’s stock after selling 1,257 shares during the period. SPDR Portfolio Emerging Markets ETF comprises approximately 0.3% of Keener Financial Planning LLC’s portfolio, making the stock its 26th largest holding. Keener Financial Planning LLC’s holdings in SPDR Portfolio Emerging Markets ETF were worth $457,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also recently modified their holdings of SPEM. Archer Investment Corp bought a new position in SPDR Portfolio Emerging Markets ETF in the 3rd quarter valued at $39,000. Strategic Wealth Investment Group LLC bought a new position in shares of SPDR Portfolio Emerging Markets ETF in the fourth quarter worth about $46,000. Blue Trust Inc. grew its holdings in shares of SPDR Portfolio Emerging Markets ETF by 474.2% in the fourth quarter. Blue Trust Inc. now owns 2,274 shares of the company’s stock worth $94,000 after purchasing an additional 1,878 shares during the last quarter. McClarren Financial Advisors Inc. increased its stake in SPDR Portfolio Emerging Markets ETF by 583.2% in the 3rd quarter. McClarren Financial Advisors Inc. now owns 2,569 shares of the company’s stock worth $106,000 after buying an additional 2,193 shares during the period. Finally, Fortitude Family Office LLC bought a new stake in SPDR Portfolio Emerging Markets ETF during the 4th quarter valued at about $121,000.

SPDR Portfolio Emerging Markets ETF Price Performance

Shares of SPEM stock opened at $39.39 on Wednesday. The company has a market capitalization of $9.35 billion, a P/E ratio of 13.05 and a beta of 0.81. The company’s 50-day simple moving average is $38.91 and its two-hundred day simple moving average is $39.23. SPDR Portfolio Emerging Markets ETF has a one year low of $34.30 and a one year high of $42.88.

About SPDR Portfolio Emerging Markets ETF

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.