C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors Sells 1,931 Shares of SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM)

C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors trimmed its holdings in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) by 17.0% in the fourth quarter, HoldingsChannel reports. The fund owned 9,446 shares of the company’s stock after selling 1,931 shares during the period. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors’ holdings in SPDR Portfolio Emerging Markets ETF were worth $362,000 at the end of the most recent quarter.

Other hedge funds have also recently made changes to their positions in the company. Archer Investment Corp bought a new stake in shares of SPDR Portfolio Emerging Markets ETF in the 3rd quarter worth approximately $39,000. Strategic Wealth Investment Group LLC bought a new stake in shares of SPDR Portfolio Emerging Markets ETF in the 4th quarter worth approximately $46,000. Blue Trust Inc. lifted its holdings in shares of SPDR Portfolio Emerging Markets ETF by 474.2% in the 4th quarter. Blue Trust Inc. now owns 2,274 shares of the company’s stock worth $94,000 after acquiring an additional 1,878 shares during the last quarter. McClarren Financial Advisors Inc. lifted its holdings in shares of SPDR Portfolio Emerging Markets ETF by 12.3% in the 4th quarter. McClarren Financial Advisors Inc. now owns 2,885 shares of the company’s stock worth $110,000 after acquiring an additional 316 shares during the last quarter. Finally, Fortitude Family Office LLC bought a new stake in shares of SPDR Portfolio Emerging Markets ETF in the 4th quarter worth approximately $121,000.

SPDR Portfolio Emerging Markets ETF Stock Performance

Shares of SPEM opened at $40.42 on Friday. The firm has a market cap of $9.60 billion, a price-to-earnings ratio of 13.05 and a beta of 0.81. SPDR Portfolio Emerging Markets ETF has a fifty-two week low of $35.00 and a fifty-two week high of $42.88. The firm has a 50 day moving average price of $38.86 and a 200-day moving average price of $39.34.

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.